London-listed companies trade on persistently lower multiples than American peers. Sector composition explains most of the gap, and domestic capital allocation explains much of the rest.
The bond market became a political actor in Britain. Understanding how gilt yields are set, and who actually buys them, explains the constraint every Chancellor now works within.
Sterling is not a scoreboard for national confidence. Here is what actually moves the pound, and the three indicators worth watching.
Companies keep choosing New York over London. The reasons are less about regulation and more about who stopped buying British shares.