For the Idiots14 Feb 2024 00:18
I think leaving the LSE is good for our TUI shares, but is it good for our country....no, this country has been getting worse for a while, there is more to London than just trading shares but we are slowly heading downwards, the idiots will tell you its because of one factor but this has been happening for a while now, we don't invest in industry/manufacturing either, we have no path for our economic future, I myself will try and make money where I can and look after my relatives if possible.
"At the turn of the century, UK stocks and shares accounted for around half of the money tied up in UK pension funds. Today they represent less than 10pc of assets.
The problem is being exacerbated by the sheer number of British companies that have been sold to foreign rivals and private equity but also by the dearth of new companies joining the public market.
The number of UK-listed companies has fallen by 40pc since 2008. Yet, while the Nasdaq raised $13bn in 2023 from new share issues, the London Stock Exchange raised a paltry $972m. It was the first time the LSE has failed to hit the $1bn mark since records began in 1995, according to data from Dealogic."
https://www.msn.com/en-us/money/markets/the-london-stock-market-s-decline-is-starting-to-look-terminal/ar-BB1hZwVD