New Markets
Thursday, 7/16, 10:33 PM
Why London's Stock Market Is Shrinking, and Why It Matters
- London's stock market is quietly shrinking: UK companies are being taken private or bought by foreign rivals, few new firms are floating, and some are moving their listings to New York.
- Behind it sits a stubborn valuation gap that makes UK-listed shares cheap to buy and unrewarding to list.
- Here is what is happening and why it matters.