PwC Predicts a Turning Point for the UK
In a nuanced economic landscape, PwC’s 2024 forecast offers a beacon of hope for the UK, anticipating an upturn from the challenges of the post-pandemic era. Despite a dip in M&A activity in 2023, the projection outlines a positive shift with improvements in household finances, real incomes, and regional growth. The corporate sector, however, faces a potential rise in insolvencies, particularly affecting smaller businesses. Global defense orders surge amidst geopolitical tensions, adding a layer of complexity to economic predictions. Market dynamics, including a strengthened pound and energy price fluctuations, further contribute to the intricate economic tapestry awaiting the UK in the upcoming year.
London Stock Exchange acquires Quantile
London Stock Exchange Group (LSEG) said on Monday it had acquired Quantile Group to expand its range of post-trade risk management solutions.
LSE’s Refinitiv restores service after new outage
London Stock Exchange Group’s Refinitiv news and data platform Eikon experienced an outage for several hours on Wednesday before services were restored, the company said, the second such glitch in as many months.
