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Citi, BNP Paribas, KPMG, Aquis Exchange back London’s plan for capital markets supremacy

Some of the City's biggest names want us to stop talking down UK listings and get on the same page

‘We should not be shy about reflecting on some of our strengths’

Hollie Adams/Getty Images
By
Justin Cash

A narrative has developed in recent years that London is losing out to international exchanges on prized floats on the back of Brexit and the resulting turmoil in just about every aspect of the business landscape.

What started with failing to secure Aramco in 2019 has turned into a flood of departures more recently, including Arm, CRH, Flutter and Ferguson. Household names Shell and Revolut have also talked up the benefits of listing abroad.

Despite...