Private equity levels a threat, government warned
Britain's private equity sector may prove a threat to the stability of the economy, the Trades Union Congress (TUC) has told the government. In a submission to the Treasury Select Committee, ministers were warned that the increasing popularity of highly-leveraged buy-outs is building up "a speculative bubble". Rob Lewis reports.
Private equity takeovers have risen from 9% of all deals to 25% in the space of just nine years.