CRH is not a household name on the FTSE 100 Index but it could soon become a further company to abandon its London listing in favour of one in New York.
FTSE 100 building materials firm CRH has recommended moving its primary stock market listing to New York, exacerbating worries about the London market's standing as global financial centre.
"The US really is in good shape and we're facing I suspect five to 10 years of really strong growth," chief executive Albert Manifold told the Reuters news agency. Russ Mould, investment director at AJ Bell, said the plan reflected badly on government efforts to make London more attractive after the UK's separation from the EU.
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