London bids for bigger tech IPOs
Dec 17, 2021
3 minutes
What’s changing in the UK stockmarket?
he UK’s financial regulator, the Financial Conduct Authority (FCA), has made some important changes to its listing rules, in an attempt to reverse the long-term decline of the London Stock Exchange (LSE) as an attractive place for growing businesses to float. First, earlier this month the FCA eased the rules on dual-class share-listings. Dual-class shares mean that some classes of shareholders get greater voting rights than others: notable examples of firms with this structure include Alphabet (Google) and Facebook, as well as many other tech firms. This is controversial in the UK because it
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