• Commentary

London listings: There are glimmers of light in the gloom

Overseas investors have reasons to start ploughing more money into UK markets

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David Wighton is a columnist at Financial News

Why are increasing numbers of UK companies turning their backs on London and looking to list their shares in New York?

Many factors play a part including listing rules, the UK’s corporate governance regime and cultural attitudes towards high pay. But at the heart of the problem is valuation —...