It’s all so 1970s. The U.K. is once again the “sick man” of Europe, or rather would be if it was in Europe at all. Like the victim of an abusive relationship, the U.K. government and a goodly part of the country still loves Europe but there is no way Europe can play nice with the Eurosceptics like former Hungarian prime minister Viktor Orban grinding their EU gears.
Nothing more clearly demonstrates this apparent precipitous decline than the parlous state of the U.K. stock market. The CEO of the London Stock Exchange isn’t even the CEO of the London Stock Exchange Group and she doesn’t even report to him. It would not surprise me if the whole “group” didn’t rebrand into some Greek word starting with A so it could drop the whole idea of a London Stock Exchange entirely. After all the flat line FTSE says it all:
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