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In the UK it's just an ingrained cultural difference. There's a natural skew in the UK for public businesses to focus on making profits and paying dividends, b
by nly 4y ago
In the UK it's just an ingrained cultural difference.
There's a natural skew in the UK for public businesses to focus on making profits and paying dividends, both of which don't help growth.
Meanwhile, many British entrepreneurs are happy with a "lifestyle business" that let them lead an upper middle class life on their own terms.
When you look at crowdfunding platforms for tech startup you won't see any ambitions to aggressively take over the world like you do in American pitches.
Most people here don't trust or invest in the stock market at all and instead the moderately well off seem to prefer investing in property, which produces income in retirement.