CEOs are responding to the immediate challenges thrown up by the pandemic, while taking bold decisions to build long-term value, according to the findings of the inaugural EY 2022 CEO Outlook survey.

Appetite for M&A by UK CEOs remains strong, with two-thirds of respondents (66%) expecting to transact in the next 12 months, compared to 59% globally and 57% of executives surveyed last year. The UK remains the second most attractive inbound destination for deals globally, behind the US, particularly in sectors it has global strengths, including financial services, fintech and high-end consumer and industrials.