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City faces battle to restore London’s listing lustre as Arm drops capital for New York

Making London an attractive listing location for tech 'is going to take much more than sweet talking from politicians'

Can the LSE continue to grab prized IPOs, or will it always play second fiddle to the US?
Can the LSE continue to grab prized IPOs, or will it always play second fiddle to the US? Photo: Hollie Adams/Getty Images

London is losing out as a growing number of companies choose to ditch the City to list in the US. CRH, Arm and WANdisco have all announced plans to depart this month, joining gambling firm Flutter in February.

From the UK's regulatory hurdles to its investors' aversion to equities and greater dynamism in US markets, City leaders point to a host of challenges that indicate the British capital's struggle to hold onto its position as a premium international listing centre.

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