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Evening Standard
Evening Standard
Business
David Mercer

There is so much more to the stellar City than a crude count of the IPO tally

The debate over London’s place in global finance is one that reappears every few years, often reflecting market cycles and the general health of capital markets. And it always seems to be focused on one question: why aren’t more companies listing here? It’s a fair concern - but a very narrow one.

The City’s influence has never rested on IPOs alone; there is so much more depth to what constitutes its fabric. Its strength lies in the scale, sophistication and diversity of its markets, and in the global confidence they continue to command.

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