The UK Treasury and No.10 have held talks with private equity firms, including
General Atlantic and Elliott Investment Management, asking why they have not
pushed UK portfolio companies to list in London, the FT reports. The meetings
are part of government work to revive London Stock Exchange listings amid a
prolonged IPO drought; only one large IPO has completed this year — Uzbekistan’s
state investment fund UzNIF. Several UK companies are reportedly considering
delaying planned London IPOs until 2027. Discussions centered on stamp duty on
share transactions, pension reform and how countries such as Sweden encourage
domestic investors into local equities.
