(Press Association) The proportion of UK company shares owned by foreign investors has reached another record high. Foreign-owned shares accounted for over half of the total value of UK shares in December 2016.
Some 53.9% of shares on the UK stock markets belonged to the rest of the world at the end of last year, according to new figures.
This is a small rise on the previous high of 53.7% recorded in 2014. By contrast just 12.3% of shares in 2016 were owned by UK individuals.
The figures, from the Office for National Statistics (ONS), put the value of UK domiciled company shares at £2.04tn, making the foreign-owned shares worth around £1.09tn.