2nd September 2021

Buybacks are another reason to start embracing UK equities again

After a Brexit-induced hiatus, marginal buyers are coming back to the UK. Overseas demand for UK gilts has never been higher. Offshore private equity firms are competing for a deep pool of attractively valued businesses. And, with some of the highest free cash flow yields in the world, many UK blue chips have started to pull the buyback lever as part of broader plans to return capital to shareholders.