Buyers and sellers are pausing to re-evaluate in the uncertainty following the referendum and the immediate impact has already been seen on deal activity. Big deals are stalling and timelines are being extended, while small and mid sized deals are less affected.
The uncertain future of British business post referendum has caused buyers and sellers to press pause on deals as we wait for clarity around what Brexit will mean for the economy and the UK as a whole.
However, in the uncertainty we have seen opportunities, with Challenger banks gaining the attention of off-shore investors who see the current situation as an chance to invest in UK plc.
Nick Colman discusses the many challenges and opportunities that lie ahead, pinpointing the immediate and long term issues facing financial services.