Yesterday shareholders in Berkshire Hathaway will have received their annual letter from Warren Buffett.

There are many who argue that everything is cyclical whether it be the weather, fashions, the economy or even - in the case of deal making - valuations.

Given that he is in deal-making mode perhaps he might turn his attention to the issues still facing many small to mid-market deal makers in the UK.

Yes you have read the headline correctly; and no I am not making this up.

Actually on a global level there is nothing we like more than tripping off to fast food joints