It was with some trepidation that Jim Keeling asked our international colleagues at Globalscope last week how they viewed the UK after our political upheavals of the last few months. He was, therefore, encouraged, relieved and interested to hear that the mood among the 50 or so corporate finance advisers, who had gathered in Bangkok from all around the world for our bi-annual get together, is that “Business is very much back to normal in the UK now that Rishi Sunak has been installed.”

They would be comfortable advising their clients on acquisitions in the UK and similarly on accepting offers from UK buyers – the cross border mergers and acquisitions market between the UK and the rest of the world is very much open. Indeed, the relatively low value of sterling may mean UK sellers could receive some exciting valuations from overseas buyers keen to get a foothold here.