{"id":115698,"date":"2026-09-02T07:35:41","date_gmt":"2026-09-02T07:35:41","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/115698\/"},"modified":"2026-09-02T07:35:41","modified_gmt":"2026-09-02T07:35:41","slug":"fresh-stock-market-raid-sparks-clarion-call-for-action","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/115698\/","title":{"rendered":"Fresh stock market raid sparks clarion call for action"},"content":{"rendered":"<p>\t\t\tWednesday 02 September 2026 4:00 am<br \/>\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n<p>\t\t\tWednesday 02 September 2026 7:44 am\n\t<\/p>\n<p><img width=\"742\" height=\"495\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/09\/London-Stock-Exchange-2.jpg\" class=\"media \" alt=\"London Stock Exchange exterior bustling with traders and visitors, showcasing iconic architecture and vibrant financial ac...\" fetchpriority=\"high\" loading=\"eager\" decoding=\"sync\"  \/>\t\tSome 79 London-listed firms have been involved in M&amp;A activity so far this year\t<\/p>\n<p class=\"wp-block-paragraph\">The London Stock Exchange risks being gutted of even more blue-chip firms this year without urgent action from ministers and officials, a group of top advisers has said, after three more listed companies accepted bids from foreign buyers.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The cohort warned that \u201ccomplacency is not a viable option\u201d following news that FTSE 250 firms Bodycote and Gamma Communications, as well as energy company Capricorn, would became the latest firms to quit London\u2019s bourse this year.<\/p>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.cityam.com\/trio-of-firms-poised-to-quit-london-stock-exchange-as-exodus-gathers-pace\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">The trio of deals<\/a> has a combined takeover value of more than \u00a33bn, extending a record raid on Britain\u2019s stock market that has seen <a href=\"https:\/\/www.cityam.com\/schroders-snapped-up-by-american-investment-firm-nuveen-in-9-9bn-deal\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Schroders<\/a>, <a href=\"https:\/\/www.cityam.com\/easyjet-heading-to-apollo-after-castlelake-withdraws\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Easyjet<\/a> and insurance giant <a href=\"https:\/\/www.cityam.com\/ftse-100s-zurich-to-acquire-beazley-in-landmark-specialty-insurance-merger\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Beazley<\/a> all plucked off the bourse by foreign bidders in a matter of months. This year alone, companies worth a combined \u00a3132bn have been subject to unsolicited bids, nearly triple the figure for the same period in 2025.<\/p>\n<p class=\"wp-block-paragraph\">\u201cAny hope that the steady leak of FTSE companies to overseas buyers has stopped will have been dashed by [yesterday] morning\u2019s trio of announcements,\u201d said Chris Beauchamp, chief market analyst at IG. \u201cThe news is another blow to the efforts of the London Stock Exchange, the City of London and the government to maintain the importance of London\u2019s financial markets.\u201d\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Macclesfield-based Bodycote, the largest of the pack and a member of the London Stock Exchange since 1972, <a href=\"https:\/\/www.londonstockexchange.com\/news-article\/market-news\/recommended-cash-acquisition-of-bodycote-plc\/17763131\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">said it had reached an agreement<\/a> to be acquired by US private equity firm Veritas Capital in a deal that valued the company at \u00a31.9bn. The offer of 932p per share represents a premium of 41.4 per cent, comes after the metallurgy business rebuffed earlier approaches from Veritas and CVC.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Telecoms giant Gamma recommended a \u00a31.1bn offer from UK private equity shop Epiris, just days after confirming it was in talks with European buyout firm Waterland over a possible takeover. And Capricorn Energy, an Edinburgh-headquartered oil and gas firm, ended its 38-year stint on the London Stock Exchange, when it switched a recommended offer from Genel Energy to Norwegian petrochemicals giant DNO.<\/p>\n<p>City figures urge stock market action<\/p>\n<p class=\"wp-block-paragraph\">The flood of departures has led leading Square Mile figures to issue a clarion call for politicians to unveil a raft of fresh policies that will boost Britain\u2019s moribund public market. Steven Fine, chief executive of Peel Hunt, said it was a \u201ca shame \u2013 almost a tragedy\u201d that more of Britain\u2019s pension capital was not ring-fenced for their domestic market.<\/p>\n<p class=\"wp-block-paragraph\">Mark Kelly, chief executive of MKI Global Partners, warned there was \u201clikely to be a lot more big public M&amp;A coming in the UK before the end of the year\u201d but added there were no easy policy fixes to the issue.<\/p>\n<p class=\"wp-block-paragraph\">Despite persistent interest from foreign buyers, valuations among smaller listed companies have stayed stubbornly low for years. The FTSE 250 firms are currently valued at roughly half those in New York\u2019s blue-chip index, the S&amp;P 500.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe urgently need to reverse the consistent and sizeable outflows of capital to ensure that we retain a healthy market for existing listed companies and ensure a vibrant market for new listings,\u201d Charles Hall, head of research at Peel Hunt told City AM. \u201cThere is increasing competition for companies, capital and talent and we need to play to win. Complacency is not a viable option.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The Treasury did not respond to a request for comment.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/burnham-pledges-to-tackle-cost-of-business-as-firms-fear-budget-tax-raid\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Burnham pledges to tackle \u2018cost of business\u2019 as firms fear Budget tax raid<\/a><\/p>\n<p>\t\tSimilarly tagged content: <\/p>\n<p>\t\t\tSections\t\t<\/p>\n<p>\t\t\tCategories\t\t<\/p>\n<p>\t\t\tPeople &amp; Organisations\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Wednesday 02 September 2026 4:00 am \u00a0|\u00a0\u00a0Updated:\u00a0 Wednesday 02 September 2026 7:44 am Some 79 London-listed firms have&hellip;\n","protected":false},"author":2,"featured_media":115699,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21266],"tags":[26940,633,47369,16024,1378,321,9581,24854,11151,47370,18,3992,26946,47371,21363,1828],"class_list":["post-115698","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london-stock-exchange-group","tag-beazley","tag-business","tag-capricorn-energy","tag-chris-beauchamp","tag-easyjet","tag-london-stock-exchange","tag-london-stock-exchange-group","tag-london-stock-exchange-group-lseg","tag-lseg","tag-mki-global-partners","tag-news","tag-peel-hunt","tag-schroders","tag-steven-fine","tag-stock-exchange","tag-stock-market"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117200297968338802","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/115698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=115698"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/115698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/115699"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=115698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=115698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=115698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}