UK dislodged from Europe’s top spot

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France saw a surge of deals in the second half of last year, but the UK should not be written off prematurely.

The Deloitte Private Debt Deal Tracker for the second half of last year caused something of a stir when it positioned France ahead of the UK for the first time. The Tracker measures completed private debt deals in major European markets and found that France accounted for 29 percent of Europe’s total deals during the period compared with the UK’s 27 percent.