Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.
Clues point to Britain’s 2016 vote as City suffers brutal losing streak.
How Brexit stuffed the City
14/06/2023
The banks pay huge amounts of tax. If they lose business, then Britain’s economy will suffer.
Britain’s exit from the European Union has “cannibalized” London’s listing pool, according to JPMorgan Chase & Co.’s chief executive officer for Europe, the Middle East and Africa. / “Clearly, Brexit has kind of cannibalized the listing pool and a lot of European companies are now listing on European exchanges.”
What's behind the FTSE exodus: Why Britain's public market woes aren't all Brexit's fault - and there's no 'silver bullet' to fix it
03/05/2023
UK capital markets have been described as a ‘backwater’ in the years since the 2016 Brexit referendum, with foreign investors averse to the extra risks and headwinds - and potential lack of reward - on offer in the wake of the country’s departure from the trading bloc.
UK stock market valuations have slumped since the 2016 vote to leave the EU.
The boss of Europe’s largest exchange group took a swipe at the UK capital, saying Brexit means it is no longer Europe’s dominant financial center.
A former Bank of England policymaker suggested there may not be a need for an austerity budget had it not been for Brexit.
Brexit bites into London’s FX trading as Singapore and New York seize City’s derivatives share
01/11/2022
London’s status as the global hub for FX and derivatives trading is under threat for the first time since Brexit.
The Institute of Directors' economic confidence index for July, measuring business leaders’ confidence to invest in the UK, has barely improved since June.
London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game -- that is the warning from Mark Austin, the latest person charged with sprucing up the UK’s listing rules and helping the city maintain its position as one of the world’s leading financial centers.
London’s IPO market share has dropped since the Brexit vote as British companies seek to list in New York.
In post-Brexit age of rampant nationalism how one media outlet is planning to offer a pan-European view
19/06/2022
It is six years since Brexit and Europe is beset by war but the United Kingdom’s Europhiles will this week be offered a novel chance to reconnect with the Continent.
UK public companies are trading at a £500bn valuation discount due to the "scarring impact" of the Brexit vote.
Economists at Natixis are trying to examine the effects on the UK economy of the June 2016 referendum that triggered Brexit. They look at the different important variables and seek to determine what the overall effect of Brexit has been on the United Kingdom.
Amsterdam ended 2021 as Europe's top share trading venue, holding its lead over London despite efforts by the British financial centre to make its equity markets more attractive after Brexit.
Britain has been outside the EU’s legal regime for a year and has faced a number of impacts.
Investment platform IntegraFin posted record inflows of £7.7bn, however, shares fell into the red today after its boss warned of looming Brexit regulations.
Ryanair has confirmed plans to delist its shares from the London Stock Exchange in response to EU rules on ownership post-Brexit.
Pan-European exchange Euronext said on Monday it will clear all trades on its newly acquired Italian platform by 2024, helping the European Union cut its reliance on the London Stock Exchange for core financial activities after Brexit.
Britain's shares are near "record cheap" levels as they have lagged their global peers since the Brexit vote, J.P. Morgan said on Monday.
Ryanair Holdings Plc is poised to drop its London Stock Exchange listing, becoming the first major company to blame its departure on Brexit.
Ryanair is planning to delist from the London Stock Exchange in coming months due to a fall in trading volumes there, executives said on Monday, dealing another blow to London's status as a global financial center after Brexit.
Ryanair is considering a potential delisting from the London stock exchange, following the UK’s ‘Brexit’ withdrawal from the European Union.
Ryanair Holdings Plc is forcing investors who aren’t European Union citizens to sell any shares purchased after Jan. 1, in a reminder of the lingering constraints on investors tied to the Brexit split.