Bolder reform of retirement funds is a contentious part of attempts to reboot Britain’s capital markets
Matthew Scullion is crystal clear that the turning point for the UK software company he founded was when it won the backing of two US venture capital firms. In 2018, Scale Venture Partners and Sapphire Venture led a funding round in Matillion, then a seven-year-old start-up headquartered in Manchester.
According to the Thinking Ahead Institute, UK pension funds had 26 per cent of their assets in equities at the end of 2023, down from 46 per cent a decade earlier. Within that, the share dedicated to UK stocks is much lower. For those trying to lay the foundations of a revival in the UK’s capital markets, making London a more attractive destination for initial public offerings is an important yardstick of success.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supermicro plans to flood market with liquid-cooled datacenter techThree new Silicon Valley campuses in pipeline to meet demand
Read more »
Why Nikki Haley still looms over the White House raceAlso in today’s newsletter, ‘a particularly wild moment in Silicon Valley politics’
Read more »
UK and Canada's data chiefs join forces to investigate 23andMe mega-breachThree-pronged approach aims to uncover any malpractice at the Silicon Valley biotech biz
Read more »
Curvy bridge at Royal Docks to be bigger and bolderNewham Council earmarks £13.2m for the bridge so it can accommodate more visitors.
Read more »
Startup Diraq taps GlobalFoundries to forge silicon-based quantum chipsVows to have a 'commercially relevant' system within five years
Read more »
SK hynix shimmies towards AI silicon by driving merger of South Korean Nvidia challengersSapeon and Rebellions think they can do better together
Read more »