More Thatcherism from Blue Labour ๐ "Rachel Reeves is considering launching a refreshed version of a Thatcher-era advertisement campaign to save the ailing London Stock Exchange. Reeves and the LSEG have been inspired by the 1986 'Tell Sid' campaign that boosted the number of Brits holding shares."
So: the post Brexit London Stick Exchange is dying on its arse so Rachel Reeves wants the peasants to keep it afloat.
Interesting comments here. One of the reasons (Brexit aside) that the UK economy is tanking is that businesses area struggling to get investment as the UK stock market is dying. If you want tax revenue, you need income, which means business investment. This is not about nationalisation ๐
The easiest and fastest way to increase tax revenue is to rejoin the Single Market. Why don't they do an ad campaign explaining the benefits of that?
Offs. Brexit caused the capital exodus from London. Some of it might come back if you rejoin EU. Stop fucking around, we have found out enough.
Beware people who try to sell you shares at the top of the market.
Tell Sid to f right off! Thatcher's bribe to make us all stakeholders turned out to be the biggest confidence trick ever perpetrated. We were paying to buy a small share of what was already ours! Just look at gas prices now!
Reeves, naturally, would rather channel Thatcher than face up to the fact that Brexit destroyed the LSE. In the week that Emmanuel Macron finally explained the costs associated with Brexit to our dunderheaded and cowardly government/media, I see they werenโt listening.