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London to Join SPAC Boom in Post-Brexit Market Overhaul

  • Proposals to boost blank-check firms, allow dual-class shares
  • U.K. government is trying to boost London as a financial hub
London Toppled As Europe's Main Share-Trading Hub
Photographer: Chris Ratcliffe/Bloomberg
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The U.K. is to reform stock exchange rules around blank-check firms as part of wide-ranging reforms to boost the attractiveness of London after Brexit.

Company founders will also be able to keep greater control when they list their businesses in the city, according to a state-backed report published late Tuesday.