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The number of companies fleeing the London Stock Exchange has soared to its highest level in 14 years – when Labour was last in government – as the UK’s investment appeal continues to tumble. A staggering 45 companies have de-listed so far this year, the most since 2010, according to Bloomberg data.
Meanwhile, confidence in the UK’s business climate has plunged to its lowest point since December 2022, with employment dipping for the second month in a row…
The London Stock Exchange is no longer a draw for major players, with Labour’s high tax, high regulatory environment turning away big business. Revolut’s CEO, Nikolay Storonsky, bluntly declared this week that listing in London is
“not rational”. Investors are voting with their feet…