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2 June 2021 • 1:54pm For the vast majority of companies, the pandemic has been an epic battle for survival, and little else. Chief executives were forced to batten down the hatches and pull every available lever to preserve cash as Covid pressed the stop button on the global economy. Dividends were quickly scrapped, investment shelved, daily spending on all-but essential items curtailed, and finances strengthened with emergency cash calls and government-backed Covid loans.  Many firms were quick to swing the axe, closing factories, mothballing sites, and slashing the workforce. Others that...

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Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime

UK will be a poorer place after private equity's pandemic raid Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime 27 May 2021 • 2:11pm The scale of private equity’s raid on UK plc during the pandemic is deeply alarming. One day, we may look back on the crisis and wonder how a deal frenzy of such proportions was allowed to take place at such a critical time for the economy. The dangers of allowing faceless financiers with short-term horizons to control swathes of corporate Britain are plentiful. That ...

Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime