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BBCNEWS World Business Report July 6, 2024

to get it breathing fire again? and, spreading the love. why showing your staff some appreciation is notjust good manners, but good business. we start here in london, where the outlook for the city as a financial centre is, according to some, looking murky. in the last few hours one of the uk s most successful tech companies, chip designer arm, has confirmed it will list its shares in new york instead of london, despite intensive lobbying by the uk government. it s the latest blow for the city, after the world s biggest construction materials company crh told investors on thursday that it s moving its stock market listing away from london and heading to new york. they are far from alone. plumbing giant ferguson left the ftse 100 last year and moved to wall street, and gambling group flutter also says it s considering doing the same. the size of the london stock market has been shrinking in recent years. at its peak in 2007 the value of shares listed in london was $4.3 trillio ....

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BBCNEWS World Business Report June 4, 2024 05:32:00

Away from london and heading to new york. they are far from alone. plumbing giant ferguson left the ftse 100 last year and moved to wall street, and gambling group flutter also says it s considering doing the same. the size of the london stock market has been shrinking in recent years. at its peak in 2007 the value of shares listed in london was $4.3 trillion, has fallen to $3 trillion as of this year. and that means london is no longer europe s largest stock market, it lost that title to paris last year. in february the boss of the lloyds of london insurance market expressed his concerns about the city s status to our business editor simonjack. i think we had huge credibility around stability and certainty and i think what we need to do through 23 and 2a is begin to rebuild that stability and that sense of the financial services and the uk as a financial ....

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