I'm pleased to introduce Catalyst's consumer health barometer, indicating our take on the health of the consumer sector. The barometer is currently showing a score of 4.9 out of 10.

Despite consumer confidence falling since the EU referendum, consumers are continuing to spend across a range of items including holidays, beauty products, nutrition and small home improvements. We expect resilient M&A volumes and premiums to be exhibited in those sub-sectors benefiting from this focused 'conscious wellbeing consumerism'.