London to modernise listing rules as attractiveness stumbles
Hill report calls for cut in free float to 15%
Major changes should be made to London's listings regime to encourage firms to choose the UK over rivals
The UK will ease its listing rules to encourage firms to choose the UK over rivals in the US and Europe as the government tries to carve out a role for the City of London after Brexit.
Under the recommendations of the review led by Lord Hill, former EU financial services commissioner, company founders would be able to maintain control over their companies even after listing them on an...
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