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The UK must accept it is no longer a global power

Source: ft.com

CRH fully ditches its London listing after shifting primary to New York, citing low trading volume.
Irish building materials giant saves on costs and regulatory burdens from maintaining dual listings.
Move signals growing trend of European firms prioritizing US markets for better liquidity and valuation.

CRH, the Irish construction giant, is scrapping its secondary London listing entirely after moving its primary base to New York last year. This cleans up a dual-listing setup that's become inefficient. It highlights how top European companies chase deeper capital pools in the US.