Can London stock market shake off dinosaur image to boldly go?

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Amid criticism over its failure to reward innovation and growth, there are signs the City is finally embracing change

“We need to recognise the impact this is having on our own capabilities and sovereign strength,” Tobias Ellwood, the chairman of the parliamentary defence select committee,. “It goes against the grain of the government’s wise long-term ambition of becoming a high-tech superpower.”

 

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Innovations are independent of stock markets. Innovations are made without stock markets. The claimed association has more to do with investors expressing parasitic behaviour. Innovations are going to continue when stock markets crash for good and the parasites lose everything.

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Been saying this for ages, so many UK techies look to start a company in the US rather than the UK (myself included) due to the inability of UK investors to support long term tech company growth

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