Dow Jones Stock Market Today – The City must back Sunak’s vision for the stock market | Business
The relationship between the stock market and the economy is fundamental to any nation’s wealth. Without the effective channelling of capital to the best businesses, all suffer. For decades, London has been a world-leading financial hub, but now its future is less certain.
First, consider an example of its success. Exactly 20 years ago, a nascent biotech firm listed on the London Stock Exchange, raising £35 million. It was spun out from Oxford University. The founders, Alan and Susan Kingsman, had earlier secured a cash injection by floating on the Alternative Investment Market (AIM) in 1996.
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