London listings: There are glimmers of light in the gloom
Overseas investors have reasons to start ploughing more money into UK markets
COMMENTARY
David Wighton is a columnist at Financial News
Why are increasing numbers of UK companies turning their backs on London and looking to list their shares in New York?
Many factors play a part including listing rules, the UK’s corporate governance regime and cultural attitudes towards high pay. But at the heart of the problem is valuation —...