Pension funds should want to boast about backing Britain
One of the factors that inspired our cover feature on bargain British shares is the prevailing cloud over the London market helping to keep prices depressed, and the reminders of that undervaluation in the form of a stream of offers, takeovers and departures. Even oil giant Shell, London’s largest listed company, hasn’t ruled out relocating to a more supportive market. Travel firm Tui left London for good this week and poorly performing RedX Pharma and e-Therapeutics have announced their respective delistings from Aim.Value can be found in abundance across the market...