London Stock Exchange
FCA mulls listing rules after Hauser blames 'Brexit idiocy' for Arm's New York IPO
Flotations in the UK have seen a significant decline of 40% since 2008, and it appears that there might be more at play than just the UK's split from the EU. The Financial Conduct Authority (FCA) is considering reviewing the listing rules, following criticism from former FCA chief, Andrew Hauser. Hauser has blamed the 'Brexit idiocy' for Arm's decision to opt for a New York IPO instead of London, raising concerns about the attractiveness of the London Stock Exchange for companies.
The decline in flotations since 2008 has raised questions about the competitiveness of the London Stock Exchange. The FCA's potential review of the listing rules aims to address these concerns and ensure that London remains an attractive destination for IPOs. The outcome of this review could have a significant impact on the future of the London Stock Exchange and its position as a global financial hub.
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Stay updated with the latest news and developments regarding the London Stock Exchange to make informed investment decisions. Keep an eye on the potential changes to the listing rules and their implications for the market. The London Stock Exchange plays a vital role in the global financial landscape, and staying informed will help you navigate the ever-changing investment landscape.