From Newcastle to New York? Why Sage isn’t swapping London for the US

Nov 6, 2025
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In this episode of Boardroom Uncovered, City AM UK Editor Jon Robinson sits down with the CEO of Sage Group to unpack the challenges faced by UK-listed tech companies and the reasoning behind the FTSE 100 giant’s decision to remain headquartered in the UK. With the company boasting a global reach and nearly 40 per cent of its shares held by US funds, the conversation explores why a move to the Nasdaq (or another US listing) isn’t currently on the cards. At the same time, the CEO argues that London-listed firms are undervalued in part because they fail to tell a compelling, consistent growth story, and because peer groups are thin in the UK market. He stresses that access to capital isn’t the issue for Sage - but the perception of value and the comparative narrative are. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam #business #tech #uk #economy #uknews #markets