Brexit Britain’s stock markets reached record highs on Friday
CIBUK.org
Posted On January 16, 2023
Montage © CIBUK.Org
This report has been co-published with our affiliated organisation, Brexit Facts4EU.Org. We are most grateful for their original research into the raw data which backs what follows.
Yet another Remainer-Rejoiner myth is destroyed, by CIBUK.Org
All Europe’s economies are struggling but the UK’s markets are at their highest level in history
Last week the UK’s main stock market index – the FTSE 100 – hit a record high. So did the All-Share Index. CIBUK.Org and Facts4EU.Org reveal the inconvenient truth for the BBC and all those who wish to talk our country down.
Below we present the simple, official facts, obtained by us from the London Stock Exchange on Sunday 15 January 2023. We show the two indices on 01 Jan 2016 (six months before the EU Referendum) and the same indices last Friday (13 Jan 2023). These show growth of almost 29% in each case.
Summary
London Stock Exchange – Index from 01 Jan 2016 to 13 Jan 2023
1. The FTSE 100
- 01 Jan 2016 : 6,083.79
- 13 Jan 2023 : 7,844.07
- Increase : +28.9%
[Source: The London Stock Exchange, accessed 15 Jan 2023.]
© Brexit Facts4EU.Org 2023 – click to enlarge
And it’s not only the large multinationals who are doing well
When presented with information such as that above, Rejoiners will clutch at straws and say “Ah, but those are only the big multinationals. They might be listed in London but they do most of their business abroad.”
The bad news for Rejoiners – but the good news for everyone else – is that Facts4EU.Org and CIBUK.Org also looked at the London Stock Exchange’s All-Share Index.
Summary
London Stock Exchange – Index from 01 Jan 2016 to 13 Jan 2023
2. The FTSE All-Share Index
- 01 Jan 2016 : 3,335.90
- 13 Jan 2023 : 4,291.44
- Increase : +28.6%
[Source: The London Stock Exchange, accessed 15 Jan 2023.]
© Brexit Facts4EU.Org 2023 – click to enlarge
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For the original report, click here : https://facts4eu.org/news/2023_jan_brexit_markets_highs
