The boss of the London Stock Exchange Group has denied lowering standards in order to lure the fast-fashion retailer Shein’s £50bn IPO to London, as he hailed a stronger pipeline for UK listings.
Shein, which operates largely from China but is headquartered in Singapore, has come under fire from workers’ rights campaigners concerned about a lack of transparency regarding its supply chain and allegations its suppliers have used the forced labour of Uyghurs in China’s Xinjiang region.
