• UK M&A deals of the month: September 2026

    September’s UK dealmakers paid for capability, scale, and conviction again. Veritas secured Bodycote, Toscafund-led investors agreed Spire, and Epiris moved for Gamma, while Softcat used its largest acquisition to enter the US at scale and Genel lifted its Capricorn bid, extending a month of selective, increasingly competitive dealmaking in Britain.


  • Xero automates UK supplier payment reporting

    Xero has launched new supplier payment reporting for UK businesses. The tool converts accounting records into Fair Payment Code evidence, reducing manual calculations when companies monitor or demonstrate supplier payment performance.


  • Brussels tests appetite for larger European champions

    Brussels is signalling greater openness to creating larger European champions. Dealmakers are preparing to test whether competitiveness arguments now carry greater weight in EU merger reviews.


  • Monzo courts private equity after Nubank exit

    Monzo is exploring private equity investment after Nubank talks collapsed. CVC and Advent are reportedly discussing a minority stake as the digital bank considers its next ownership and funding options.


  • Tesco considers bid for Majestic Wine

    Tesco is reportedly considering a takeover of retailer Majestic Wine. The potential deal would add specialist retail and hospitality supply operations to Britain’s largest supermarket group.


  • Global M&A slows sharply after record rush

    Global dealmaking slowed sharply during the third quarter of 2026. LSEG data shows transaction value fell below $1tn as borrowing costs and market volatility altered acquisition economics.


  • IPO market cools as valuation resistance grows

    Investor resistance is pushing more companies to delay planned flotations. UK candidates are among businesses reconsidering IPO timing as public markets become less tolerant of ambitious valuations.


  • BT weighs improved offer for TalkTalk

    BT is weighing an improved offer for heavily indebted TalkTalk. A possible acquisition would combine financial restructuring with difficult questions around broadband competition and Openreach.


  • Nubank shuts down Monzo takeover speculation

    Nubank has ruled out pursuing a transaction with UK-based Monzo. The clarification closes down recent takeover speculation while leaving the British digital bank’s wider ownership and fundraising options unresolved.


  • Aldermore weighs cutback in invoice finance

    Aldermore is reviewing its invoice finance business amid restructuring reports. The bank has confirmed a strategic review, while reported proposals could reduce customer numbers and put some roles at risk.