The chief executive of the London Stock Exchange said that the UK’s capital markets need to change their image from being something that “enables bankers to drive Lamborghinis” to something that helps companies grow.
Making the comments at an event organised by think-tanks Atlantic Council and New Financial about the future of UK financial services, Julia Hoggett said that London’s exchange needs to make sure that “those who have brilliant ideas” can “start great companies here, grow them here, scale them here and ensure they stay here”.