News that Wise is delisting from the London Stock Exchange and moving to New York is a body blow to Reeves’ securonomics agenda and promises to re-boost the financial industry. It is not the only one…
Alongside today’s news there have been a high number of missed IPOs under Labour. Guido has totted them up for co-conspirators:
TOTAL VALUE LOST: £143.27 billion
That’s around 5% of the London Stock Exchange’s total value. That’s a lot of black holes…
Lord Khan in the Telegraph: “I hope, and I say this in a non-pompous way, that the public service I do will bring rewards in this world and the hereafter,” he says. “I’m hoping the work I do is earning me Brownie points.”