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Barclays strategist: The United Kingdom market is overly reliant on external demand.
Matthew Joyce and other Barclays strategists stated in the report that the performance of the United Kingdom's Capital Markets has lagged, and the excessive reliance on overseas Stocks investment is a key weakness. "Promoting domestic demand may help to stop the vicious cycle," the strategists said. They pointed out that the IPO activity in the United Kingdom is weaker than in Other regions such as the European continent and the USA. "In the list of attractive listing locations, the United Kingdom seems to be further declining, while the USA is becoming the Global default capital market hub, and without intervention, this cycle is unlikely to be broken," the strategists wrote, noting the decrease in ownership by Retirement Funds and Insurance companies.
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