Britain’s finance minister, Jeremy Hunt, has expressed his ambition for the London Stock Exchange to transform into Europe’s version of Nasdaq, aiming to attract technology companies and develop the next Silicon Valley. As the UK undergoes financial sector reforms to maintain global competitiveness, the country has witnessed tech firms like Arm Holdings opting to list in New York, leaving London’s financial sector isolated from the European Union post-Brexit. Hunt shared his vision during TheCityUK’s annual dinner in London, emphasizing the desire for the London Stock Exchange to become a leading destination for tech companies, similar to the renowned US stock exchange, Nasdaq. Hunt’s vision aligns with the UK’s goal to foster innovation and cultivate a thriving technology ecosystem.
London Calls for Tech Companies: Finance Minister Aims to Transform Stock Exchange into Europe’s Nasdaq, UK
Date:
Updated: [falahcoin_post_modified_date]