The FCA has published a note explaining the new listing rules for public companies. See: https://www.fca.org.uk/news/press-releases/fca-overhauls-listing-rules-boost-growth-and-innovation-uk-stock-markets
They suggest that allowing greater risk permitted by the new rules will better reflect the risk appetite the economy needs to achieve growth. Chancellor of the Exchequer Rachel Reeves said: “The financial services sector is central to the UK economy, and at the heart of this government’s growth mission. These new rules represent a significant first step towards reinvigorating our capital markets, bringing the UK in line with international counterparts and ensuring we attract the most innovative companies to list here.”
Comment: There is some simplification in the new listing rules which is certainly a positive change. But whether the changes will have any significant impact is debatable and much more needs to be done to reinvigorate UK stock markets.
Roger Lawson (Twitter: https://twitter.com/RogerWLawson )
You can “follow” this blog by entering your email address in the box below. You will then receive an email alerting you to new posts as they are added.