The City is in the middle of a listings war.
In recent weeks, companies choosing to float in New York over London have set off alarm bells among regulators, politicians and the investment banking sector.
CRH, Flutter, Ferguson, Abcam, WANdisco, and Arm have all made the switch. Even Shell discussed it, according to reports.
A variety of explanations have been offered as to why companies would abandon London and favour New York — too much regulation; not enough liquidity; low pension fund investment, and lame enterprise culture to name but a few.
Some don't see the trend as alarming. Still, it has spurred a government response in a bid to stem the tide.
Here's what you need to know:
City faces battle to restore London’s listing lustre as Arm heads to New York
As UK listings drift to New York, pension funds are in the firing line
London’s bid to attract IPOs with ‘Aramco’ listing category flops
Top City lawyer hired to tackle London’s listing struggles
Schroders CEO: UK’s risk aversion has ‘undermined’ investor returns
M&G boss: ‘Local investment’ in startups can help win London’s listings battle
London’s exodus to Wall Street to continue as UK stocks hit record 40% discount, Citi says
UK funds shed £962m after FTSE record fails to woo investors
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