By: The Guardian
March 2, 2021
Changes come amid fears that London will be overtaken by Amsterdam, New York and Hong Kong as a financial hub
Rishi Sunak will pave the way for sweeping reforms of the stock market to attract more fast-growing companies to list in the UK, amid the growing risk to London’s status as a leading financial centre after Brexit.
In a development to coincide with the budget on Wednesday, the chancellor will publish the findings of a landmark review into UK listings rules to boost Britain’s attractiveness as a place for firms to grow and be taken public.
Led by the former EU financial services commissioner, Lord Jonathan Hill, the overhaul could introduce the most significant reforms in the City of London in decades.
Lord Hill’s report can be found here