Evening Standard

Money flowing out of London stock market at a record pace, new figures show

Source: PA Wire

Money is flowing out of the London equities at a faster pace than ever, despite government efforts to boost the stock market.

According to Investment Association recent figures UK savers took £14 billion out of UK equities last year, the eighth consecutive year of outflows.

New by SCM Direct for the suggests this situation is getting worse rather than better insisting London are now so cheap they represent a buying opportunity.

You’re reading a preview, subscribe to read more.

More from Evening Standard

Evening Standard3 min read
Tory Big Beasts Fall: Liz Truss, Penny Mordaunt And Grant Shapps Lose Seats As Record Number Of Cabinet Ministers Go
Sir Robert Buckland has become the first Tory big beast to lose his seat. Labour stormed to victory in the seat of Swindon South, with Heidi Alexander earning 21,676 votes to Sir Roberts’ 12,070. Reform UK finished in third place with 6,194 votes. Mr
Evening Standard3 min readPolitical Ideologies
Allister Unseats Paisley In Shock Victory In North Antrim
There has been a “seismic political earthquake” in North Antrim, TUV leader Jim Allister said as he was elected the constituency’s MP. It meant Ian Paisley Jr lost the seat he has held since 2010, in a shock end to a family dynasty in the region. Mr
Evening Standard5 min read
Labour Victory Signals Demise Of Rwanda Plan But At What Cost?
The Labour election victory signals the demise of the Conservatives’ stalled multi-million pound plan to send migrants to Rwanda, without a single asylum seeker being deported from the UK. Described by critics as an “Alice in Wonderland adventure tha

Related