Several miners have been reassessing their ties to the London Stock Exchange

Every firm that abandons its London listing makes the next departure more likely, says Paul Scully

During my four years as Minister for London, I championed our capital as a global business hub. I welcomed the work of the Treasury and the Financial Conduct Authority on reforms to make our markets more competitive. But as optimistic as I am, it’s too easy to see the power of our global hub erode through unintended consequences. I now watch with growing alarm as the rules designed to protect London’s markets are driving British companies away. The proposed Anglo American-Teck merger exposes a fatal flaw in our listing regime that could cost the UK billions in tax revenue and accelerate the exodus of British compan

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