Stock market floatation’s are reported to be at the lowest levels since 2011. This because business investment has fallen dramatically since the Brexit Referendum with an averaged of minus 0.4% pa. The London Stock Exchange was Europe’s most active market by value with almost 30% of the proceeds raised from European IPOs generated in London. Companies are being put off floating.
The Stock market’s main function is to raise capital for companies, which sets off a virtuous cycle of making money for investors who then invest more and companies can raise more capital. There is always a long ...
