The London Stock Exchange’s crisis is only getting worse

None has made a demonstrably significant difference. The reasons for London’s apparent decline as a world leading share trading centre are a complex mix of the cultural, regulatory and political. Britain’s global reputation as place to invest, particularly in its equity markets, took a terrible hit with the Brexit referendum in 2016, and has never really recovered. Since then nearly £80 billion has been pulled from UK equity funds, according to data from analysts Morningstar.