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The Financial Secretary to the Treasury (Lord Livermore) (Lab)

Speaking in the House of Lords on 13 February 2025

Debate

London Stock Exchange: Decline in UK Funds

Contribution

My Lords, there has been a net decline in investment in UK funds for the past nine consecutive years. This is, of course, a matter of concern, although this does reflect global trends, and the outflow in 2024 was £2.5 billion less than in 2023. The UK’s capital markets remain some of the strongest and deepest in the world, and the UK is a leading centre for international capital raising, last year raising over £20 billion of equity capital—more than the next three European exchanges combined.

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