Episode description
Episode description
The London Stock Exchange once held the top spot in global financial markets. In recent years, that’s changed drastically. The FT’s Harriet Agnew and Katie Martin explain how a yacht floating off the Canary Islands 30 years ago played a critical role in changing the stock market.
Clips from CBS, Thames News
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For further reading:
Britain’s ‘capitalism without capital’: the pension funds that shun risk
‘There are no domestic equity investors’: why companies are fleeing London’s stock market
Why Europe’s stock markets are failing to challenge the US
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On Twitter, follow Harriet Agnew (@HarrietAgnew), Katie Martin (@katie_martin_fx) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com
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