Pension and ISA reform can reverse London’s stock market malaise
London must back ambition to reverse our stock market malaise, but pension and ISA reform may be the first step, writes Alastair King
The UK remains a global hub for innovation. But too often, our most promising companies are choosing to scale abroad. That is why later this month, I will be opening the doors of Mansion House to some of the UK’s brightest companies. They will pitch directly to major domestic investors, among them the major banks and the London Stock Exchange Group, to help secure the capital they need to grow and stay in Britain.
Wise is heading to New York. Cobalt Holdings has shelved its London IPO. Shein is eyeing Hong Kong. These are not just listings lost, they are opportunities missed.
If we want to build a high-growth, high-opportunity economy – creating high-quality jobs – we need capital markets that back ambition. That means bold reform, stronger investment and renewed confidence in Britain. Here are three vital reforms that are now more urgent than ever.
How to turn the stock market malaise around
The © City A.M.
