Economy warning as UK risks £600BILLION stock market exodus to Wall Street

Economy warning as UK risks £600BILLION stock market exodus to Wall Street

Some of Britain’s biggest companies worth a combined £600 billion could quit the London Stock Exchange and move to Wall Street, sparking fresh fears for the City’s future

Fears of €700bn London stock market exodus to New York

A host of household names could quit the London stock market in a €700bn exodus, analysts have warned. AstraZeneca, Shell, BP and Rio Tinto, are among those seen to be “at risk” of moving their main listings to New York in what would be a devastating blow to the City. Analysis by broker AJ Bell identified ten London-listed firms that do so much business in the US, or have so many shareholders there, that they may be tempted to make the switch. T…