MarshBerry: Labour CGT change sees 2024 hit deal record after 41 buys in Q4
The final three months of 2024 saw the second highest number of quarterly broker deals, according to the latest M&A market update from MarshBerry.
There were 41 announced transactions – only bettered by 51 in Q1 2021 – during this period, largely triggered by the October budget, which saw an increase in the main rate of Capital Gains Tax.
However, according to John Nisbett, managing director of MarshBerry’s UK office, that number was slightly lower than expected because some sellers just didn’t mobilise quickly enough.
Small saving“Labour had flagged CGT going up, but the timing and certainty really only became evident over the summer, at
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