Watchdog to shake up rules deterring firms from listing in UK

It follows criticism that British tech firm Arm and other businesses have shunned the UK market and chosen to list in the US instead.

The UK’s financial watchdog has revealed plans to shake up rules that will encourage more companies to list on UK stock markets rather than abroad (Kirsty O’Connor/ PA) (PA Archive)

The UK’s financial watchdog has revealed plans to shake up rules that will encourage more companies to list shares on UK stock markets rather than abroad.

It follows criticism that British tech firm Arm and other businesses have shunned the UK market and chosen to list in the US instead.

The Financial Conduct Authority (FCA) unveiled proposals to simplify listing rules in the UK which could be deterring companies from joining the country’s public markets.