ALEX BRUMMER: Upgrade for London trading with Refinitiv merger

published 14.01.2021 00:03

Image of article 'ALEX BRUMMER: Upgrade for London trading with Refinitiv merger'
Share More Posts

Former EU commissioner Lord Hill is tasked with shaking up rules for tech listings in London so that limits on dual classes of shares can be waived.

Dr Martens and Moonpig have announced LSE floats, newly-quoted tech beauty platform The Hut Group saw its shares soar after an upbeat trading report.

It seems inexplicable that Boleat, the 'political leader' of the City of London Corporation, should be doing the work of Brussels rather than embracing LSE expansion and Chancellor Rishi Sunak's Big Bang 2.0 plans.

The former City Minister, Lord Myners, took to the airwaves to suggest that the migration of dealings in euro-denominated shares from London to the Continent was the thin end of the wedge and terrible things would happen, such as a shift in asset management.

The EU has waved through the London Stock Exchange (LSE) £22 billion merger with information and trading group Refinitiv – the former Reuters platform – providing a huge post-Brexit opportunity.

by Alex Brummer from dailymail.co.uk
Similar Posts

Free awesomeness straight to your inbox!

Sign up now for this free newsletter to receive hand picked content, covering topics like Lifestyle, Business & Technology.

Free Newsletter Sign up now!

..or jump directly to the latest posts!