Corporate activity in The Monday Briefing

Who made money in 2019?

Deloitte-uk-money

2019 was a good year for financial markets and investors, with global equities up 27% over the course of the year. All major asset classes ended 2019 up on the year and risk assets were clear outperformers.

Global stocks rallied through most of last year, punctuated by short-lived sell-offs driven by rising trade tensions in May and worries about US growth in August. Risk assets largely shrugged off geopolitical concerns around the Middle East, Russian interference in foreign elections and growing US-China discord.

Equities were supported by unexpected monetary easing by the US Federal Reserve and the European Central Bank (ECB) designed to bolster growth. At the end of 2018, financial markets had expected the Fed to raise interest rates and the ECB to end its programme of quantitative easing in 2019. Instead, the Fed made three 25bps rate cuts and the ECB reduced interest rates and eased monetary conditions.

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Posted on 20/01/2020

Thoughts on the UK general election

Deloitte-uk-general-election

Boris Johnson’s 80-seat parliamentary majority has transformed the UK political scene. What does it mean for business and the economy? As always what follows is a personal view.

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Posted on 16/12/2019

UK corporate environment – Q4 2019

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Posted on 19/11/2019

A China-US trade deal won’t end protectionism

Deloitte-uk-trade

Last week US equities hit new highs on hopes that China and the US would reach an agreement in their 18-month trade dispute. Financial markets think a deal would reduce uncertainty, boosting investment and growth.

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Posted on 11/11/2019

Crunching the credit signals

Deloitte-uk-crunching-the-credit-signals

This time last year central banks in the rich world were poised to tighten monetary policy. The US Federal Reserve was expected to continue raising interest rates and the European Central Bank (ECB) president Mario Draghi had announced the end of its programme of quantitative easing.

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Posted on 04/11/2019

Weaponising global networks

Deloitte-uk-network

Globalisation has been one of the defining features of the modern era. It has been marked by the movement of goods, services, ideas, capital and people through a plethora of cross-border networks.

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Posted on 07/10/2019

Corporate caution, financial market optimism

Deloitte-uk-corporate-caution

Today we are launching our quarterly “UK corporate environment” chart book, which is available here: https://blogs.deloitte.co.uk/mondaybriefing/
2019/07/uk-corporate-environment.html
. The report aims to provide a graphical summary of the key trends and themes shaping the UK corporate sector, setting the context to the CFO survey. We will be developing and refining the chart book and welcome your feedback. Do feel free to use any of the charts in your own presentations and drop my colleague Tom Simmons a line at tsimmons@deloitte.co.uk with ideas and comments.

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Posted on 08/07/2019

UK corporate environment

Download the charts in pdf format here
Download the charts in powerpoint via SlideShare here

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Posted on 05/07/2019

Deloitte CFO Survey: The dash for cash

Deloitte-uk-survey-account

Today’s Briefing summarises the findings of the latest Deloitte Survey of Chief Financial Officers which was released overnight. The full report is available at: https://www2.deloitte.com/uk/en/pages/finance/articles/deloitte-cfo-survey.html

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Posted on 15/04/2019

Brexit worries dominate latest CFO Survey

Road

The third quarter Deloitte survey of UK Chief Financial Officers released today shows concerns about Brexit weighing heavily on business sentiment.

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Posted on 08/10/2018