T
he flippant answer to the FTSE 100 CEO moaning that his shares are undervalued is this: Go and buy some then.
There’s a lot to be said for that approach; Warren Buffett would approve. But our analysis today that FTSE 100 companies would be worth towards £500 billion more if they listed in New York suggests something quite serious — a structural inequality that puts our top businesses at a major disadvantage.
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