In March 2022, the Bank of England raised interest rates by a quarter of a percent. This was quickly followed by an identical raise in May and June, bringing the base rate to 1.25%, the highest rate we’ve seen in over thirteen years. At the same time, the UK recorded inflation of nine percent, reaching a forty-year high. Considering all these macroeconomic challenges, we want to understand how they will impact family business funding in a post-pandemic economy. David Baggott, a Director in the Mazars Deal Advisory team, joins the conversation today to explain the changes in the M&A market and how rising inflation influences the ability to raise funds, specifically regarding family and privately owned businesses. David has over fifteen years of experience advising and supporting family businesses through different transitions. He leads the debt advisory service at Mazars, providing specialist advice to shareholders seeking investment or funding for growth, as well as funding for succession. David was also shortlisted for Young Accountant of the Year in the Insider North West Young Professionals Awards 2020.