Britain is liberalising its listing rules to revive its battered bourse
Companies with dual-class shares will find it easier to raise equity funding
BRITAIN’S STOCKMARKET has spent a decade and a half in a tailspin. Its share of global initial public offerings (IPOs) has fallen from 20% to 4%, and since a peak in 2007 the number of companies listed on it has fallen by two-fifths. Two government-sponsored reviews published early in 2021 made recommendations intended to arrest this decline. On December 3rd the Financial Conduct Authority (FCA) brought the most important of these into force.
This article appeared in the Britain section of the print edition under the headline “Dual carriageway”
Britain December 11th 2021
- Behind the chaos and scandal of Boris Johnson’s government lies stasis
- A court bashes Uber into compliance—again
- For the clinically vulnerable, “Freedom Day” has yet to arrive
- Britain is liberalising its listing rules to revive its battered bourse
- Nostalgia and the profit motive have created a market in old phone kiosks
- The robots are gathering to help beat Britain’s supply-chain shortages
- Britain’s new suburbs are peculiar places
From the December 11th 2021 edition
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