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Bangkok Post
Bangkok Post
Business

UK may ditch premium listings to boost LSE's appeal

A man shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange. (Photo: Reuters)

LONDON: The UK is proposing "significant changes to the listing rulebook" in a bid to make London more attractive as a financial centre as moribund capital markets stoke fears about the city's ability to compete with New York and Asian hubs.

The Financial Conduct Authority wants to replace its premium and standard listing categories with a single offering in a bid to attract more companies, according to a statement Tuesday.

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