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UK financial regulator says listing rules overhaul could lead to more failures

Financial Conduct Authority sets out proposals aimed at encouraging companies to float in London
The Financial Conduct Authority’s proposals come against a backdrop of companies dropping their London listings

The UK’s top financial regulator has set out plans to press ahead with an overhaul of its stock market listings rule book in the latest stage of a drive to encourage companies to float their shares in London. 

In comments echoing those of government ministers, the Financial Conduct Authority suggested the changes could lead to more UK-listed groups collapsing but argued that this was justified in pursuit of more economic activity. 

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