Britain | Bourse correction

Britain is liberalising its stockmarket-listing rules, again

And again, it won’t help much

The logo of London Stock Exchange Group Plc in the office atrium in the City of London, UK, on Tuesday, March 14, 2023. European stocks rose, snapping three days of losses, as US inflation cooled as expected last month and concern eased over wider market repercussions from Silicon Valley Bank's collapse. Photographer: Hollie Adams/Bloomberg via Getty Images
Image: Getty Images

Julia hoggett has an unenviable task. She started running the London Stock Exchange (lse) in 2021. The previous year the value of Apple, an American tech giant, had overtaken that of the entire ftse 100 index of London-listed shares. At that time she was a senior official with the Financial Conduct Authority (fca), a regulator; she remembers sitting down and scribbling out a list of all the things about Britain’s stockmarket that needed fixing. Then she became its boss.

This article appeared in the Britain section of the print edition under the headline “Bourse correction”

From the May 6th 2023 edition

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