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Evening Standard
Evening Standard
Business
Daniel O'Boyle

‘There is a problem’ — City investment bank Peel Hunt warns London listings decline could hit growth

Peel Hunt London Charles Hall Jeremy Hunt United Kingdom

City investment bank Peel Hunt has warned that the ‘shrinking pool’ of London-listed companies risks creating a downward spiral of slowing economic growth.

Peel Hunt said that continued mergers and acquisitions while companies shun London IPOs has led to a significant reduction in businesses listed on London markets. There had only been one significant London IPO this year: CAB Payments.

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