Investors call for 'decisive action' on markets reform after Hill review
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain
Investors and corporates are concerned about the pipeline of IPOs this year because of the UK’s “burdensome” requirements.
Just 21 per cent of investors and five per cent of corporates surveyed by Peel Hunt and the Quoted Companies Alliance (QCA) believe the number of listed firms will increase this year.
The UK’s “burdensome listing requirements” and “excessive” regulatory scrutiny are touted as the main causes of a shrinking equity market.
The equity market has helped support listed companies through the pandemic with emergency capital raising. Investors injected £45.9bn of capital into public firms across 333 fundraising of more than £5m in value since the first lockdown last March.