Deadline Day Deals

How Rainmakers are coping during Mad October

Hello Rainmakers,

We’ve been calling round this week to check in on everyone.

Here’s our report, as promised, on how Mad October is shaping up…

Harry Redknapp is polishing his BMW, making sure the automatic windows are perfectly oiled in order to pull up beside Jim White. The tension is building as we approach the big day and the rumour mill is a whirr of half-truths, rumours and nailed on deals.

Welcome to Mad October - a time the corporate finance community will never forget. A period of intense activity, late nights in the office, copious amounts of coffee - and journalists asking annoying questions, the like of which is normally only seen on football’s transfer deadline day.

In the pre-Budget period only the fittest will thrive in the scramble to complete deals before Rachel Reeves announces changes to Capital Gains Tax (CGT) - or starts meddling with Business Asset Disposal Relief (BADR).

Who will be Mad October's unlikely hero? Who will make the big money move? Which deals will fall through at the last moment? And will the region's fax machines cope with the sheer volume of deadline day deals?

But hang on a moment. What we're forgetting here is that our rainmakers have been through all this before. And, yeah, while they're busy - they'd be worried if they weren't.

Let's drag them away from the mayhem of Mad October for a second to take the temperature of the deals market.