Is London Losing Its Financial Edge?

The number of companies leaving the London Stock Exchange (LSE) is at its highest level in over a decade, according to Bloomberg. In 2024, a total of 45 companies have already delisted, which is 10% more than last year and the most since 2010. This sharp increase in delistings is a clear sign that something is wrong with London's financial market.

At the same time, something unexpected is happening. While companies are leaving, the number of deals involving UK companies has skyrocketed. In 2024, the value of these deals has surged by 81%, reaching over $160 billion. This means that while many companies are choosing to leave the LSE, investors are still interested in buying British companies.

However, things aren't all rosy for the UK stock market. Only 11 companies have gone public in London this year, raising just $1 billion, which is down by 11% from last year. This decline in Initial Public Offerings (IPOs) shows that many companies aren’t finding the London market attrac...

Limited Time

Full Access

$10
Monthly

Included:

  • Access to All Articles.
  • One Plan. No Tiers.
  • No Ads.
  • Cancel anytime.
register now

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].