The Optimistic Outlook For M&A In The UK

Law360 (February 7, 2020, 4:37 PM EST) -- As we enter the 2020s, we begin the new decade with greater optimism than we had at the start of the previous one.

In the U.K., December 2009 ended with negative growth; the government as the owner of the remains of Northern Rock and Bradford & Bingley, the majority shareholder of the Royal Bank of Scotland and the largest shareholder of Lloyds Banking Group; the employment rate at 70%; and the Financial Times Stock Exchange 100 down to 5,400.

Ten years later, economic growth is a subdued but positive 1%, the employment rate is up to 76%, the financial sector has...

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