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Evening Standard
Evening Standard
Holly Williams

Glencore to stick with main listing in boost to London market

Mining giant Glencore has scrapped proposals to move its main stock market listing away from London, but warned over job cuts (Alamy/PA) -

Mining giant Glencore has scrapped proposals to move its main stock market listing away from London, but warned over job cuts as part of efforts to slash costs by about 1.0 billion US dollars (£753 million).

The Swiss miner, which is one of the biggest stocks on the FTSE 100, revealed in February that it was mooting switching its primary listing to New York.

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