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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
It has been a particularly bad year for the London Stock Exchange. A total of 88 companies have delisted or transferred their primary listings from the market, with just 18 taking their place. That marks its biggest net outflow of companies since the financial crisis. New listings on the UK’s main market are also set for their weakest annual run in 15 years. French broadcaster Canal+ did list on the LSE on Monday, in what UK chancellor Rachel Reeves described, somewhat wishfully, as “a vote of confidence in the UK’s capital markets”. By close, the company’s value was down 20 per cent.
The dismal year hits home just how far the London stock market has fallen, and the size of the task in reversing its long-term decline. Primary listings on the UK bourse have dropped over 40 per cent since 2007, and the…
