COVID-19 has driven UK M&A off a cliff over the last couple of months. 2020 was forecast to be a bumper year, with a long-awaited resolution to Brexit and a comprehensive general election result looking set to buoy business confidence. The year got off to a good start, as UK domestic M&A in the first quarter reached £3.2 billion, an increase of £1.1 billion from Q1 2019.
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