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Sunak plots listings reform to aid City’s quest to lure tech giants

Sunak plots listings reform to aid City’s quest to lure tech giants

Business
Rishi Sunak, the chancellor, is plotting an overhaul of the UK's public company listings regime in a bid to lure more technology "unicorns" to London.Sky News has learnt that Mr Sunak is preparing to announce a review aimed at helping the City compete more robustly with New York's vast capital markets in a post-Brexit era. City sources said that Lord Hill, Britain's former commissioner to the EU and a non-executive director of the Treasury, was this weekend being lined up to lead the review. Image: Lord Hill, the UK's former commissioner to the EU, is being lined up to lead the review One banker suggested that the chancellor could announce the plan as soon as next week, with the Financial Services Bill scheduled to have its second rea...