Isaac Goldring, Client Manager for our finance division, recently wrote for CapX, calling for the UK government to cut red tape or lose more companies overseas.
His article in short:
London is losing its edge as a financial hub, with more companies listing in other epicentres like New York.
With UK regulators imposing extensive listing criteria, going public in the UK isn't easy for startups and corporates.
The UK government constantly talks about cutting red tape, but it hasn't really done much. Regulators are still strong, and new taxes make it even harder for businesses.
To keep London competitive, the government must cut back on regulations and lower costs. Otherwise, more companies will flock elsewhere, as Wise and Arm have recently.