Keep pulling the thread on Julia Hoggett.
Of the 20 UK companies that raised over $100 million and listed in the US in the last 10 years, nine have already delisted.
Of the 20 UK companies that raised over $100 million and listed in the US in the last decade, only four are trading above their IPO price, while the rest are trading down by over 80%.
Past UK pension reforms that required defined benefit schemes to be on company balance sheets caused a widespread shift away from risk assets like equities towards fixed income to reduce earnings volatility.
In 2023, the UK reversed former European Union rules (MiFID II) that required investment research costs to be unbundled from trading commissions.
The Mansion House Compact is a commitment by the UK's 11 largest defined contribution pension schemes to allocate 5% of their total assets to private companies by 2030.
The free-float adjusted turnover rate for stocks on the FTSE 100 is higher than for stocks on the S&P 500 and Nasdaq.
Shortly after its US listing, only 1% of Arm's investor base was comprised of UK investors, and no major UK pension funds held it as a significant investment.
The UK's Financial Conduct Authority (FCA) created a regulatory sandbox environment that was instrumental in the creation of fintech companies like Revolut and Monzo.
In 2024-2025, the UK is the third-largest equity capital market in the world by total capital raised, behind only the US and India.
The UK raised more equity capital in 2023 than the next three largest European venues combined.
The UK imposes a stamp duty on investments in UK-listed stocks but does not charge a similar tax for investments in US or European stocks.
In the summer of 2020, the market capitalization of Apple surpassed the total value of the FTSE 100 index for the first time.