"International firms have more than doubled spending on buying out UK firms. In the second quarter, firms based abroad spent £18.4bn on businesses in the UK, £10.8bn more than in the first three months of the year...
Meanwhile UK firms have slashed the amount they spend on buying international rivals, data from the Office for National Statistics shows.
In the second quarter, businesses in the UK spent £1.5bn on international mergers and acquisitions, a dramatic fall compared to the £6.1bn that was spent in the first quarter."
Something related to a plummeting UK currency?
Well done quitters!
Meanwhile UK firms have slashed the amount they spend on buying international rivals, data from the Office for National Statistics shows.
In the second quarter, businesses in the UK spent £1.5bn on international mergers and acquisitions, a dramatic fall compared to the £6.1bn that was spent in the first quarter."
Something related to a plummeting UK currency?
Well done quitters!