When you look at the below chart you can see why even the U.K. government is starting to be scared the U.K. London Stock Exchange is going to dwindle into nothingness. A current advertising campaign by the LSEG (London Stock Exchange Group) is even foreshadowing this by saying it is so much more than just a stock exchange. It doesn’t help that the CEO of the “London Stock Exchange” is not the CEO of the group and doesn’t even report directly to him and isn’t on the board of the LSEG. (That is so wild I had to double check that.)
The London Stock Exchange, the bit that is the exchange and has been for centuries, is the very beating heart of the city of London, and while the captain doesn’t sit in the engine room, his screws are not going to turn if the engine dies. Make no mistake, even the media confounded government has noticed and is giving notice it might swing into what passes for action.
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