London loses position as most valuable European stock market

Britain's stock market has lost its position as Europe's most-valued, as the economic downturn weighs on UK companies, data shows.

The combined value of British shares is now around $2.821 trillion , while France's are worth around $2.823 trillion, Bloomberg calculates. However, the FTSE 100 index, which comprises the biggest companies, has largely remained flat, although the index is skewed towards firms based overseas and commodities producers which have been boosted by soaring oil prices.

What do you expect with Khan as Mayor doesn't really instill confidence couldn't run a bath

Great achievement Brexiteers. Yeah. We really needed that one.

And this is down to Covid to war in the Ukraine and not Brexit 😂

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London loses position as top European stock marketThe UK's stock-marketed listed companies have lost so much value that France is now number one. ✨ BREXIT BENEFITS ✨ 🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧 To be honest, it doesn’t really affect me as an individual up north. It probably does to the millionaires and billionaires who live in London and the South East though. Wow shocking news. 🙄
Source: BBCNews - 🏆 3. / 97 Read more »