"Successive UK govts have expected the City of London to revive the economy. This faith is misplaced."
"In 2024, ยฃ25.3bn new shares issued on the London Stock Exchange
ยฃ92.1bn paid in dividends
ยฃ57.1bn paid in share buybacks."
"Companies sweat assets, leads to low productivity."
"Yet no govt reforms."
https://leftfootforward.org/2025/08/our-state-has-become-a-guarantor-of-corporate-profits/