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FCA eases rules to speed up capital raising for UK firms

Investment bankers expect UK companies to tap investors for additional capital as they deal with the challenges presented by Covid-19

The Financial Conduct Authority has eased some of its rules for UK companies trying to raise money from existing shareholders, ahead of what is expected to be a rush of deals as firms look to bolster their balance sheets in the wake of disruption caused by Covid-19.

The UK regulator has unveiled a series of temporary measures designed to make it quicker for listed companies to raise additional capital to help deal with the economic fallout from the coronavirus.

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