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City grandees: Flurry of reforms will boost UK finance after years of ‘distractions’
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A raft of reforms rolled out to aid the financial sector in recent weeks will increase the City’s competitiveness “at pace” after years of “distractions”, according to leading lawyers and regulatory experts.
The City has been hit by a decades-low drought in UK listings, as high-profile companies choose New York over London to IPO. Meanwhile, an ongoing lack of deal activity has piled downward pressure on bankers and lawyers.
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