(Bloomberg) -- The cheap pound is doing little to boost the appeal of British assets as Brexit uncertainty hangs over the economic outlook. There were 44 foreign acquisitions of U.K. companies in the second quarter, the fewest in almost two years, according to figures from the statistics office. The value of such deals fell to 2.9 billion pounds ($3.8 billion) and was outstripped by disposals for the first time since 2002.
To contact the reporters on this story: Andrew Atkinson in London at a.atkinson@bloomberg.net, Lucy Meakin in London at lmeakin1@bloomberg.net.
To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Fergal O'Brien
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