A priority for the next chancellor: boost the London stock market
Chancellor Rachel Reeves faces pressure to revitalize London's stock market after three major takeover bids occurred on Thursday, including Rotork's sale to ABB for £4.1 billion. Since January, there have been 154 takeover bids worth £165 billion, while only 11 new listings totaling £6 billion have emerged, highlighting a concerning trend for the UK market.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 16 Jul 2026, 17:14 UTC · Updated 16 Jul 2026, 17:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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