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Paul Marshall Says U.K. Listing Rule Changes Don’t Go Far Enough

Dec. 3, 2021, 1:50 PM

London’s latest attempt to lure companies to list in the city doesn’t go far enough, hedge fund titan Paul Marshall said, days after deriding the U.K.’s financial center as a “Jurassic Park” devoid of growth and innovation.

New rules aimed at enticing more technology and growth-oriented companies to list in London come into force today, with firms issuing dual-class shares now allowed to list on the top tier of the London market. The move is designed to encourage founders to take their companies public while retaining significant stakes.

London Tries to Reboot Dinosaur Stock Market as Vultures Circle

The changes ...

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