Deals, deals and...er...lack of UK deals

Ping! Another email arrives containing a press release celebrating the fact that it's been a "record" year for global dealmaking. The latest missive comes from Deloitte, whose release is entitled:

Global M&A deal activity to top US $4 trillion this year, the highest value since 2007

I guess the bean counters round at Deloitte might be onto something. Yesterday, for example, it emerged Dow Chemical is in talks to combine with rival Du Pont as part of a $120 billion merger deal.