Back
News

Sunak backs private equity takeovers of British businesses

Private equity buyouts are “good news for our economy”, according to the chancellor.

Speaking at a conference for technology chief executives in Stratford, east London, Rishi Sunak dismissed fears about private equity taking over British listed companies, saying that the deals were “a sign of confidence in the UK economy”.

Private equity firms struck more deals in the UK in the first half of the year than in any comparable period.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…