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The Rest Is Money

213. The Decline And Fall Of The London Stock Exchange

The Rest Is Money

Goalhanger

News, Politics, Business

3.61.1K Ratings

🗓️ 5 October 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

Why don't companies want to list in London anymore? Why is this damaging for all of us? How much will it cost the Treasury in lost tax if companies follow AstraZeneca's example and list in the US? Robert and Steph discuss the LSE's fall out of the top 20 world markets for companies that raise money and what can be done about it. Find out more about how Google’s AI is helping fuel the UK’s growth and transformation and read the report at goo.gle/aiworks. Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:16.6

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0:28.2

more when investing your capital is at risk tax rules apply Hello and welcome to The Rest Is Money with me, Robert Peston.

0:47.0

And me, Steph McGovern.

0:49.5

Robert, it's been a terrible week, hasn't it?

0:53.3

And I know, obviously, given the attack on the synagogue in Manchester

0:58.0

and several people being injured and two people die,

1:02.7

I mean, how do you feel?

1:04.9

This is just horrendous, isn't it?

1:06.6

When I heard about the murders of the two people at the Manchester Synagogue,

1:17.8

I burst into tears, obviously subsequently when we learned that one of them was almost certainly killed by the police officer who was trying to, well, was shooting the killer.

1:36.3

That just sort of adds another dimension of sort of horror to the whole thing.

1:42.9

The big thing that keeps haunting me is, you know,

1:48.3

all the questions around the nature of anti-Semitism in this country. I was, on the night of

1:57.2

the murders, I was on ITV News at 10 from Downing Street and was doing my best to be calm

2:08.0

and not come across as too emotional because it's definitely not what viewers want.

2:13.8

But the question I posed there is really around the sort of nature of this very pernicious anti-semitism

2:28.3

that is increasingly prevalent, not only in the UK, but actually in America and Canada, all over

2:37.2

Europe. And, you know, one thing it is important to point out is there has been a massive increase

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