Finance & economics | SPACs and the City

Britain’s regulator makes a play for SPAC listings

A rule change to attract the investment vehicles to London may be too little, too late

LONDON SO FAR has missed out on the dizzying investment boom in special-purpose acquisition companies (SPACs) centred on America. Those that have come to Europe have conspicuously swerved the City, choosing Amsterdam, Frankfurt, Paris or Stockholm instead. On August 10th, in an attempt to change that, Britain’s Financial Conduct Authority (FCA) loosened its listing rules.

This article appeared in the Finance & economics section of the print edition under the headline “SPACs and the City”

China’s attack on tech

From the August 14th 2021 edition

Discover stories from this section and more in the list of contents

Explore the edition

Discover more

Donald Trump in Brownsville, Texas on November 19th 2024

Trump wastes no time in reigniting trade wars

Canada and Mexico look likely to suffer

Illustration of a large anvil falling down on a government building.

How Trump, Starmer and Macron can avoid a debt crunch

With deficits soaring, their finance ministers will have to be smart


Scott Bessent speaks at the National Conservative Conference in Washington, DC.

What Scott Bessent’s appointment means for the Trump administration

The president-elect’s nominee for treasury secretary faces a gruelling job


What Donald Trump and Bernie Sanders get wrong about credit cards

Forget interest rates. Rewards are the real problem

Computers unleashed economic growth. Will artificial intelligence?

Two years after ChatGPT-3.5 arrived, progress has been slower than expected

Should investors just give up on stocks outside America?

No, but it is getting a lot harder to keep the faith