“We are using legal and regulatory reform, going alongside the shift in cultural mindset and market practice, to make sure that we increase investment in British business, we increase wealth for ordinary retail investors and we increase the size of the economy.”
The reforms have been welcomed by the industry, who say it is a step in the right direction. Citi’s Lee says: “If we want to attract and keep growth companies in the UK we have to provide the right type of domestic demand.” But she adds: “This is not going to be fixed in a year.”
Charles Hall, head of research at Peel Hunt, said last month: “Traditionally there’s been a view that you just let equity markets get on with it and they just reflect what’s going on elsewhere.
“Increasingly, there’s a view that you need to nurture your equity market. We are operating in a global capital market and if we don’t nurture our…
