
WSP Global will acquire Ricardo for £363 million in cash. The deal gives shareholders a 28 percent premium and sharpens WSP’s focus on environmental and advisory growth as it targets further expansion in the UK and Europe.

Wagestream has acquired pensions technology provider Zippen in a move. The deal underlines the growing demand for workplace financial benefits, as Wagestream strengthens its position in employee financial wellbeing with new specialist expertise in the UK pensions market.

US-backed buyers led five major UK M&A deals this week. Boardroom shifts, valuation gaps, and sector-specific drivers shaped property, industrials, and tech transactions, with most deal value remaining in the mid-market.

Britain’s economy shrank 0.1 percent in May, marking two monthly declines. The latest official data showed manufacturing and construction weighed on growth despite a mild services uptick, pushing GDP further below expectations and raising questions over the UK’s near-term economic outlook.

Brillian UK, part of Constellation Software, has acquired Trakm8. The court-approved takeover values Trakm8 at £7.8 million, with delisting from AIM scheduled for 10 July. The 9.5p per share deal represents a 280% premium, underscoring continued overseas interest in UK vertical software assets.

Legal & General and Blackstone have agreed a major new partnership. The deal could see up to $20 billion of annuity premiums invested in US investment-grade private credit over five years, marking one of the largest cross-Atlantic insurance–asset management tie-ups in the sector.

Clarity AI acquires ecolytiq to enhance climate engagement solutions. Clarity AI aims to bolster its climate engagement capabilities for global banking institutions through the acquisition of ecolytiq, a firm specialising in climate engagement solutions for financial services….
The Bank of England has adjusted its mortgage lending rules. From July 2025, individual UK lenders may exceed the 15% cap on high loan-to-income mortgages, provided the overall market remains below this level. The temporary relaxation takes effect immediately via an interim waiver.

One-third of global chip production is at drought risk. A new PwC report warns that climate-driven copper disruption could impact 32% of semiconductor capacity by 2035, with supply chains for electronics, cars, and clean energy facing compounding exposure as water-stressed mines falter.

Five US transactions lifted M&A volumes in a shortened week. Regulatory clarity and strategic appetite drove landmark acquisitions by HPE, Home Depot, Boeing, AbbVie, and Thoma Bravo, marking a renewed focus on scale, sector positioning, and technology leadership.