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On Tuesday, the UK advisor will intensify it to persuade technology companies and investors that the country is an attractive list where the treasury is new measures to encourage companies to float in London.
RACHEL Reeves is scheduled to attend the “Tech Stars” event from JPMorgan in London where the treasury is studying ways to make the insertion in London more attractive, including granting tax exemption for project owners on flotation revenues, according to three people familiar with the discussions.
People added that officials are also discussing the option to give tax exemption on the costs of the first public offering, while putting conditions on the company and the founder in the United Kingdom for a specific period.
Reeves is also A closing holiday is scheduled to be presented to the new lists of London Hoping will encourage more investors to support shares and companies in the United Kingdom to study in London, the Financial Times reported last week.
A person familiar with the discussions said: “The counselor is open and listens to the ideas, but no decisions have been taken.”
The event at Jpmorgan, the conversation between Reeves and the CEO of the bank is scheduled Jimmy DamonIt comes a day after the consultant joined a meeting hosted by Goldman Sachs for potential public subscription candidates such as Oaknorth and Starling.
The event calls for a Tuesday event, representatives of the SUMUP, Digital Linder Monzo, Fintech Cleo and Trading Platform OLX, and inserting Lovehologays and Data Analytics Quantexa company.
The former football star in Arsenal Terry Henry, who has invested in many technology companies, is scheduled to speak in this event.
This comes at a time when the UK is trying to overcome three -year lists, which led to London’s decrease from the 20 best markets in the world in the first nine months of this year.
PEEL Hunt CEO, Stephen Fine, said that the tax exemption for public subscription will be a big boost in encouraging UK lists. He said that such a procedure will be of limited value for huge companies, but it will be a great assistance for smaller companies, which face 5 milliliters of £ for costs when collecting between 50 to 100 million pounds.
“These incentives will make every founder think twice to go to the United States,” he said.
The stadium is expected to include sales for the consultant for investors highlighting commercial deals in the UK, reducing interest rates, and their movement to lower the red tape.
The risk of losing her position in London as a global financial center has aggravated due to Astrazeneca’s move last month to raise their American shares, which will lead to a 170-200 million pounds To the Ministry of Treasury from the lost stamp fees.
A Treasury spokesman said: “The consultant focuses on making the UK the best place for companies to invest and attract the most innovative companies to start expansion, stairs and stay here, and FTSE 100 continues to trade near the highest level ever.
“By continuing to remove barriers that prevent investment, we offer our plan for change so that our business succeeds and our economy grows.”
The attendees at this event, which Goldman hosted on Monday, who was first informed by Sky News, said that it was “positive and based” and that the incentives on the menus had been discussed as well as the need to end a vicious negative circle around the London Stock Exchange.
The London Stock Exchange has received a welcome boost from the modern listing plans for the princes of the canned food group, the lender Choprook and Cosmetic technologyWhich makes cosmetics that can be used at home.
“You can see all public subscription ads come and see the Doom episode that begins to close – it’s time to raise the bet,” said Mark Austin, a partner in Latham & Watkins and part of the business and market industry.
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