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Woman Urges Firms to Stay in UK
The CEO of the London Stock Exchange, Dame Julia Hoggett, warns that negative sentiment about the UK market has contributed to companies leaving or delisting from London, with many opting to list in the US or other European exchanges. She emphasizes the need for the UK government to create incentives and reduce barriers, such as tax, to encourage more domestic investment and prevent further outflow. Despite a sizable market and international companies, UK firms are increasingly seeking growth abroad, impacting the country's economy and tax revenues.
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