Shrinking UK stock market is in a‘doom loop,’ investment bank Peel Hunt says

📆 31/10/2023 20.40.00

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The FTSE Small Cap Index has lost 10 per cent of its members and 20 per cent of its market capitalisation this year

📆 31/10/2023 20.40.00
📰 businessposthq

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Britain’s market for small and medium sized stocks is shrinking rapidly, challenging London’s status as a international financial center, according to a UK investment bank.

Peel Hunt said a lack of initial public offerings, along with a flurry of takeovers by overseas and private equity firms, mean there are more companies leaving the UK market than joining it.

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