London Stock Exchange Struggles to Regain Momentum Amid IPO Drought

London's stock market has lost its appeal, with companies opting for US listings and IPOs dwindling. The government is trying to revive the market with measures such as pausing stamp duty and lowering tax-free savings limits. However, the market's reputation has suffered, with firms like CRH and Flutter Entertainment switching their listings to New York. The market has missed out on key listings, including Shein and Arm Holdings, which was taken private by SoftBank and relisted in New York.