PitchBook：2025年4季度英国市场快照（英文版）

A strong end to the year for UK markets As 2025 came to a close, UK privates ended Q4 with the growing resilience built over the second half of the year. The wider macroeconomic environment appears to be more mixed, with modest growth of 1.2% to 1.5% forecast and momentum weakening into Q4. Inflation remained elevated, averaging above 3%, though it softened later in the year. Despite its cautious stance earlier in the year, the Bank of England cut rates again in December, bringing its dovish