Is New York stealing all of London’s businesses?

The Treasury is facing calls to convene an emergency meeting of top City institutions to try and stem the flood of firms away from London’s public markets, City A.M. can reveal. The calls come at the beginning of a crunch year for the capital as City analysts warn a wave of firms could be plucked from the London Stock Exchange by private companies. A total of 40 firms were taken over by private equity outfits and corporates last year in deals individually worth more than £100m, while a slew of firms including chipmaker Arm snubbed London in favour of New York. 🗞️ READ THE FULL STORY ➡️ https://www.cityam.com/treasury-urged-to-call-emergency-meeting-to-solve-londons-listings-crisis/ MORE OF CITY A.M. 👇 🌐 www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam TikTok: https://www.tiktok.com/@city_am