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UK Plans to Loosen IPO Rules Amid Angst Over Dearth of Deals

  • FCA considers replacing standard and premium listings
  • Dramatic drop in listings stokes concern about London’s future
Bloomberg business news
WATCH: Clare Cole of the FCA discusses a proposal to boost UK IPO listings by replacing its premium and standard listing categories with a single offering.Source: Bloomberg
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The UK is proposing “significant changes to the listing rulebook” in a bid to make London more attractive as a financial center with its moribund capital markets stoking fears about the city’s ability to compete with New York and Asian hubs.