REVEALED: London Stock Exchange Misses Out on £143 Billion of IPOs Under Labour
News that Wise is delisting from the London Stock Exchange and moving to New York is a body blow to Reeves’ securonomics agenda and promises to re-boost the financial industry. It is not the only one…
Alongside today’s news there have been a high number of missed IPOs under Labour. Guido has totted them up for co-conspirators:
- Wise, relocating to New York 5 June 2025. Value: £11.4 billion.
- Cobalt, cancelled 4 June 2025. Value: £170 million.
- Shein, relocated 28 May 2025. Value: £36.8 billion.
- Ebury, postponed 17 April 2025. Value: £2 billion.
- Verisure, disappeared 10 March 2025. Value: £16.8 billion.
- Unilever Ice Cream, relocated (Amsterdam) 13 February 2025. Value: £37.8 billion
- Klarna, relocated (New York) 13 November 2024. Value: £4.9 billion.
- Revolut, favouring New York 15 December 2024. Value: £33.4 billion.
TOTAL VALUE LOST: £143.27 billion
That’s around 5% of the London Stock Exchange’s total value. That’s a lot of black holes…