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City faces battle to restore London’s listing lustre as Arm drops capital for New York
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London is losing out on a growing number of companies choosing to ditch the City to list in the US. CRH, Arm and WANdisco have all departed this month, joining gambling firm Flutter in February.
From the UK's regulatory hurdles to its investors' aversion to equities and greater dynamism in US markets, City leaders point to a host of challenges which indicate the British capital's struggle to hold onto its position as a premium international listing centre.
Arm-ed...
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