The rest of the world has a bigger share in the UK stockmarket than ever before, according to official statistics.
The rest of the world has a bigger share in the UK stockmarket than ever before, according to official statistics.
Foreign ownership of UK-quoted shares rose from 40 per cent in 2006 to 41.5 per cent in 2008, up from 30.7 per cent ten years ago.
However, the global credit crunch saw the value of those shares plummet from £742.4 million in 2006 to £481.1 million two years later.
The next biggest category of investor in UK companies is insurance firms, though their share fell slightly from 14.7 to 13.4 per cent.
As the UK government stepped in to save financial institutions, the Treasury’s share of UK equities increased from 0.1 to 1.1 per cent, while that held by private individuals fell from 12.8 to 10.2 per cent as the public ditched shares.
