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Evening Standard
Evening Standard
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Jack Kessler

OPINION - Why are London-listed companies upping sticks to New York?

For centuries, men, women and children have fled the European continent in search of a better life in the new world. Today, major companies are increasingly making that same journey, keen on securing better returns for their shareholders.

And as our Financial Editor Simon English reports, City analysts are now sounding the alarm. First, because new flotations have all but collapsed: these raised £12 billion on the London Stock Exchange (LSE) in 2021, but that fell to £338 million in 2022 and so far this year the figure is a paltry £18.5 million. Second, because small investors have withdrawn £25 billion from the stock market in the last two years alone.

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