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This was the year most will want to forget and hope that the
introduction of the new vaccines will allow a return to a more normal life for both
business and us as individuals along with an improved economy. We also have the
Chancellor’s Spring statement to come and will learn whether CGT rates will be
increased and Entrepreneurs relief change.
WTA has had a reasonably good Covid completing three
transactions, all buy sides, as well as winning three new sell mandates and one
buy side following the lockdown announcement of March 23rd. We
closed a sell-slide transaction before then too. One buy-side client lost
interest in a software company serving UK and international airports rightly
believing its income would fall drastically. A sell side has been delayed to
next quarter as the client was negatively impacted by the virus.
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