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Tweaking the LSE’s rules won’t solve the lure of New York valuations
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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.
The new rules allowed...
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