News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Commentary

Tweaking the LSE’s rules won’t solve the lure of New York valuations

The City has serious issues that simple changes to the listing regime can’t fix

There have been no IPOs at all under the new rules
There have been no IPOs at all under the new rules Photo: Getty Images

David Wighton is a columnist at Financial News

Almost exactly 10 years ago, the London Stock Exchange made a big push to persuade more fast-growing technology companies to float in the UK. Concerned that it was losing out to Nasdaq in the US, the LSE launched a new section of its main market dubbed the High Growth Segment.

WSJ Logo