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Emeritus Prof Christopher May /
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2024-12-28 09:16:07

Emeritus Prof Christopher May on Nostr: If you're interested in investing you'll have read a lot about the exodus from the ...

If you're interested in investing you'll have read a lot about the exodus from the FTSE & moves to list shares in New York; another indicator of the UKs' decline?

Well not necessarily:

as Stuart Kirk (FT) observes:

'Forget liquidity & regulation & the like. The reason British companies are flocking to US exchanges is because they trade at higher earnings multiples &hence their senior executives (& their bankers) will be richer'!

So, not a good reason to change policy Rachel!

#investment
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