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'Stop throwing shade' - the woman trying to stop firms leaving the UK

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Core Development: 'Stop throwing shade' - the woman trying to stop firms leaving the UK
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Market & Financial Impact: British people need more incentives to invest in big firms listed in the UK, Dame Julia Hoggett, boss of the London Stock Exchange, says.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Dame Julia Hoggett says negative sentiment about the UK market has pushed companies to leave in the past

The UK needs to do more back its own companies at a time when a growing number are choosing to list their shares in the US rather than at home, the boss of the London Stock Exchange (LSE) has told the BBC.

Dame Julia Hoggett said the government needed to make it "more attractive" to invest in the UK stock market, otherwise big firms would continue to look overseas for their next stage of growth.

Over the last few years, scores of big firms have left the London market, are considering a move or have been bought by private foreign investors.

The fear is this weakens the UK economy by reducing tax revenues and depressing business valuations.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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