Markets

Flight of the FTSE: London stock exchange to fight for Flutter as blue chips favour Wall Street

The Paddy Power-owner wants to move its primary listing to New York - and the languishing London Stock Exchange is not happy

Flutter dealt a blow to the London Stock Exchange on Monday when he notified investors of the gambling giant’s intention to move its primary listing to New York

Euronext Dublin is not alone in its fight for relevance.

Peter Jackson, the chief executive of Flutter dealt a blow to the London Stock Exchange (LSE) on Monday when he notified investors of the gambling giant’s hopes to move its primary listing to New York.

It wasn’t just the FTSE that got a shock from the news - media are also spooked.

On Tuesday afternoon, Nils Pratley, the finance editor of the Guardian, used his ...