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The Big Bang that blasted Britain's deal makers

Saturday 19 October 1996 18:02 EDT
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Foreign predators have spent over pounds 3bn in the past year on City advisory firms, on top of the billions paid by merchant banks in many a failed gamble after Big Bang.

Next week, London celebrates the 10th anniversary of that revolution. As a result, the City is now thriving as one of the world's top three financial centres.

But for UK merchant buccaneers the legacy is bitter and, amid fears of a fresh stock market crash, their future remains alarmingly unclear. Full story, page 3

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