More London Stocks Expected To Delist As Reforms Fail To Impress

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British business leaders expect London’s bourse to experience more delistings over the next few years in spite of recent reforms from the U.K.’s financial regulator that are aimed at helping to reverse that trend.

Over half of the respondents to a survey of FTSE 350 company boards have said that they expect the London Stock Exchange to continue to experience net delistings over the next five years, as opposed to almost a third who said they believe the trend will end.

The findings were revealed by the Chartered Governance Institute UK & Ireland in its Boardroom Bellwether survey. The institute compiled the results from 72 responses from company secretaries: 42 from businesses on the…

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