The head of the London stock exchange has called on Labour to deliver a boost to domestic investment as the exodus of companies from Britain becomes a ‘national security issue’.
In a stark pre-Budget warning, Julia Hoggett urged ministers to prioritise UK capital markets as a ‘strategic’ capability helping the country keep hold of its strongest companies.
Her intervention came as two more UK-listed firms, National Express owner Mobico and Ashtead Technology, succumbed to foreign takeover offers totalling nearly £800m in a fresh blow to the City.
Writing for This is Money, Hoggett warned that while Britain has ‘no shortage of great companies
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