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London investment will come roaring back after drop-off, says British Business Bank

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City AM

By Charlie Conchie London’s firms will be forced to weather a sharp drop-off in deals in the coming months before they rebound in full force, a top official at the British Business Bank has warned. Matt Adey, senior economist at the state-backed economic development bank, said choppy markets in the UK meant that investment into London’s growing firms would slow in the period ahead, but predicted the Capital would come roaring back eventually. “I would expect to see significantly less deals and there are significantly less deals going on in quarter three by the looks of it,” Adey told City A.M….

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