Trade war fears fail to dent boom in IPOs

Business outlook seen as promising despite concerns over rising interest rates and tougher tech regulation

European flotations have made a strong start to the year despite the current market uncertainty brought on by a possible trade war between the US and China, rising interest rates and the prospect of tougher regulation on tech firms.

Across Europe, the first quarter of the year recorded 67 initial public offerings (IPOs) raising a total of €12.5bn (£10.8bn), up from 54 and €4.6bn in the same period in 2017, according to PWC’s latest survey of flotations.

Continue reading…

For British bosses a bigger headache than Brexit is emerging

After the EU transition deal UK firms now rank weak domestic demand as a more pressing problem, says Deloitte

Brexit has fallen into second place as the most significant risk facing company bosses for the first time since the EU referendum, as weak domestic growth saps demand for their goods and services.

According to a Deloitte survey of chief financial officers (CFOs) at some of the UK’s biggest businesses, companies are now less pessimistic about Brexit after ministers agreed the terms of a transition period with Brussels to smooth Britain’s exit from the EU.

Continue reading…