Partly due to the Brexit uncertainty – which doesn’t seem to be clearing up anytime soon – and despite the subsequent drop in the value of the pound, it is not surprising to hear that inward UK M&A has declined dramatically from £154 billion in 2016 to £35.3 billion. However, there is some positive news in that outward M&A has triumphed, reaching a 17-year high as UK companies spend £76.6 billion on overseas deals. Although nothing is certain, it will be interesting to see how long this strategy of overseas expansion will last and whether it will continue to rise in the next few years.