I'm curious about the impact of the Big Bang on the London Stock Exchange. Specifically, how did this significant event influence or change the operations and landscape of the LSE?
5 answers
Tue Jan 14 2025
The London markets underwent significant reform on October 27, 1981.
Tue Jan 14 2025
Prime Minister Margaret Thatcher and finance minister Nigel Lawson spearheaded the initiative known as the "Big Bang."
Tue Jan 14 2025
The Big Bang aimed to modernize and deregulate the financial markets in London.
Tue Jan 14 2025
Prior to the implementation of the Big Bang, the London Stock Exchange (LSE) lagged behind other exchanges in terms of competitiveness and efficiency.