This is utterly embarrassing. A chain of UK petrol stations is preparing to IPO in the USA. 

The UK was the investment capital of the world not that long ago. New York and London were rivals when it came to accessing big capital. 

When 2008 happened (in the USA!) the UK decided to shoot themselves in the foot with over regulation. It could have been a moment to overtake the USA. While the US was dealing with its financial crisis, the UK could have made moves to leapfrog ahead. Instead we capped bonuses, increased regulations and dismantled one of the unique competitive advantages the UK had. 

Fast forward 15 years and our entrepreneurs sell to the US companies, our pension funds primarily invest in the S&P500 and our successful businesses go to New York for liquidity.   

https://t.co/uBdmGyBQn6