EU referendum, brexit and the aftermath

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hugo7 in reply to @mespilus

I'm not going to go through the whole list, but how many of those companies are listed? Saint-Gobain S.A. is.

Once which case what's the disadvantage of UK subsidiaries employing UK workers and ultimately distributing profits to shareholders, who can be British?

The vast majority of shareholders of PLCs are pensions funds anyway.

If I'm missing something I'm happy to be corrected.

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Malaconotus in reply to @hugo7

Oft-repeated falsehood about share ownership. According to the Office of National Statistics, 'the proportion of shares held by pension funds grew from 6% in 1963 to a high of 32% in 1992. Since this time, pension funds' holdings have fallen, reaching 3% in 2014. This is the lowest recorded percentage of holdings by pension funds.'

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Ramsaye in reply to @Malaconotus

Isn't the 32% the percentage of the UK pension fund assets invested in shares whilst the tiny% is the proportion of the UK stock market held by those funds. But yes your point stands that pension funds are not the big investors the news often makes them out to be.

From here: http://www.ons.gov.uk/economy/investmentspensionsandtrusts/bulletins/ownershipofukquotedshares/2015-09-02#holdings-of-uk-quoted-shares-by-sector-of-beneficial-owner

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