How Britain could keep its 'crown' in finance and technology after Brexit

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The UK should introduce special visas and overhaul its stock market rules to allow entrepreneurs to keep control of their companies if it wants to remain competitive in financial technology after Brexit, according to a report

Those are among the recommendations contained in a new report published on Friday. It is one of several reviews commissioned by the UK government to strengthen the hugely important financial services sector that is facing a precarious future because of the country's exit from the European Union.

The report proposes allowing companies to list less of their stock when they go public and recommends changing the rules to allow dual class shares, which enable founders to retain greater control of their companies following an IPO. These structures are relatively common in the United States and allowed on stock exchanges in Hong Kong and Singapore, as well as on China's Nasdaq-style Star Market.

 

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CNN inaction on Gov Cuomos sexual assualt alligations and pontificating Kavanaughs shows CNNs acceptance of sexual assualt if done by a fellow liberal. Yet another example of the liberal privilege of 'Do as I say, NOT as I do!'

Perhaps CNN should concentrate on U.S. concerns and leave the BBC to cover rules etc. in the UK?!!

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