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The Economist
23 Jan 2025

Britain | A very British affair
Britain’s brokers are diversifying and becoming less British
London’s depleted stockmarket is forcing them to change
Corporate brokers are a peculiarly British phenomenon. Serving as a bridge between founders and investors, brokers have worked at their clients’ beck and call for a fraction of the cost of an investment banker in the hope of more lucrative mandates down the road. But as listings have dried up, their fate has become perilously entwined with another British phenomenon: an ailing stockmarket.
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