Could Octopus Energy go public?

Yes, Octopus Energy's boss has stated he would consider floating the company on the stock market.

Why are UK pension funds underperforming?

UK pension funds are providing significantly lower annual returns for UK savers compared to those in countries like Canada, the US, and Australia.

What is being done to encourage investment in British companies?

Discussions are underway with the Chancellor and the London Stock Exchange to create incentives for UK pension funds to invest more in British businesses.

Home / Business and Economy / Octopus Energy Eyes Stock Market Debut

Octopus Energy Eyes Stock Market Debut

8 Feb

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Summary

Octopus Energy's boss might consider a public listing.
UK pension funds offer lower returns than foreign ones.
Government talks aim to boost UK company investment.

Octopus Energy's chief executive, Greg Jackson, has indicated a potential public listing for the energy firm, following a possible flotation of its technology division, Kraken Technologies, valued at £6 billion. Jackson expressed pride at the prospect of both entities entering the FTSE 100 index.

Jackson criticized UK pension funds, stating they provide a 56 per cent lower annual return for UK savers compared to those in Canada, the US, and Australia. He has engaged in discussions with the Chancellor and the London Stock Exchange to explore incentives for pension funds to invest more heavily in British companies.

These conversations aim to reignite the investment enthusiasm seen during the 1980s privatizations. Jackson believes there is an opportunity to foster a similar market buzz again, encouraging greater capital flow into domestic businesses.

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