Sunday, December 22, 2024

More than half of UK company bosses consider relisting overseas

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More than half of British public limited companies have had discussions at board level about moving their listing overseas in the past 12 months, according to a City survey which illustrates the growing pressure on the UK’s capital markets.

The figure has doubled from last year when just 27 per cent of UK-based companies said that they had discussed moving, according to Teneo’s CEO and investor outlook survey.

However, the report, which includes the views of more than 67 UK-based public limited company chief executives, also found that 68 per cent of UK chief executives perceive value of being listed in the UK has increased in the past 12 months.

This represents a marked improvement from the previous year when just 5 per cent of

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