British stocks set to still struggle to catch high-flying peers

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After a decade of abysmal returns and a multi-billion dollar investment exodus, the wait is on to see if 2024 will be the year Britain’s stock market breaks out of its downward spiral.

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After a decade of abysmal returns and a multi-billion-dollar investment exodus, the wait is on to see if 2024 will be the year Britain’s stock market breaks out of its downward spiral.

Most strategists do expect things to look up a bit for a market with the cheapest shares in the developed world. Yet a decisive turnaround looks elusive.

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For one, they have been repeatedly disappointed: London’s FTSE all-share index has lagged global equities in nine of the past 10 years in dollar terms. In 2023,…

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