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M&A Outlook for 2026 2025 was a year of fluctuating momentum. Dampened confidence at the start of year gave way to cautious optimism and a willingness to press on with corporate deal activity despite market volatility and geopolitical uncertainty. Geopolitics of the energy transition The global energy system is undergoing a reconstruction. For decades, an open, trade-friendly, market-based order underpinned integrated supply chains and converging energy prices. That order is now fragmenting into competing regional coalitions creating... UK Energy and Infrastructure With Government’s 10‑Year Infrastructure Strategy highlighting £725 billion of funding over the next decade across transport, energy networks, nuclear power, water, and social infrastructure, there are undoubtedly opportunities for investment in the... The activist agenda Shareholder activism remained firmly on the corporate agenda in 2025, with activists proving resilient despite market uncertainty. Reflecting wider market trends, it was a year of two halves as year-on-year activity levels were relatively subdued in the... An inflexion point for litigation funding? Litigation funding has an important but contentious role at the heart of the civil justice system. The law has tolerated its growth because it can open up access to justice for people who could not otherwise afford it. For international investors, though,... Class actions in England and Wales 2026 Class actions continue to play a prominent role in the legal landscape of England and Wales. New trends are emerging across competition, securities and ESG litigation, reshaping both opportunities and challenges for stakeholders. This article explores the... Alexander Gulli Associate Peter Elkin Peter Elkin is an associate in our tech group Sam Edwards Sam Edwards is an associate in our tech practice Lily Latimer Smith Lily Latimer Smith is an associate in our tech group