Politics and Covid fail to dent UK fee pool optimism

By David Rothnie
14 Jan 2021

Bankers are betting on a strong year for the UK — Europe’s biggest fee pool — but the overlapping concerns of Brexit, Covid-19 and regulation make for an uncertain outlook, writes David Rothnie.

In London, the January blues have been made worse this year by Brexit and a stringent lockdown. But amid the gloom, corporate financiers are upbeat about the prospects for UK activity in 2021, and are encouraging clients to venture out with bids and eye stock market listings.

UK ...

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