Bloomberg - How London’s Stock Exchange Lost Its Listings
This year has been dismal for London’s initial public offerings market. A number of high-profile companies have chosen to list elsewhere, fundraising has been at 30-year lows and in September it slipped out of the world’s top 20 listing destinations.
How did one of the world’s most storied exchanges and Europe’s biggest equity market begin to lose its appeal as an IPO hotspot? We look at the factors contributing to London’s stalling market and what reforms are planned to try and address it.