The writing is on the wall for the London Stock Exchange. After bulking itself up when the U.K. was in Europe aiming to become part of the biggest exchange in the EU, after Brexit the exchange has shrunk, selling off the Italian Stock Exchange and buying for a huge sum a chunk of the old Reuters.
These developments, however, are not the core of the problem, no matter that the alarm bells are ringing, because big companies no longer wish to list in London and at the tail end of the exchange’s offering, Alternative Investment Market (AIM) companies are dropping off like flies.
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