Why the London Stock Exchange is failing — and why tax cuts won't fix it
3 Articles
3 Articles
Short-lived European bags at the end of the last session of the week. Paris gained 0.01% at 7.822 points and London 0.22% at 8.992 points. Low Frankfurt (-0.33% at 24.289 points) and Madrid (-0.16% at 13.981 points).
London’s stock market is broken
The UK’s CBI claims the London Stock Exchange is in crisis because of tax and regulation. But that’s nonsense. The real issue? London’s stock market has stopped funding business growth. It’s now a playground for speculators, failing our economy, our pensions, and our future. In this video I explain why tax cuts won’t save it — and what real reform would look like. This is the audio version: This is the transcript: The UK's CBI, the Confederation…
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