Particle.news

Download on the App Store

AIM Marks 30th Anniversary as Delistings Surge and Tax Relief Faces Scrutiny

London Stock Exchange proposes a private market called Pisces to tackle liquidity issues

Image

Overview

  • AIM has supported over 4,000 companies raising more than £130 billion and contributed an estimated £68 billion to UK GDP while sustaining 778,000 jobs
  • The number of AIM listings fell to its lowest since 2001 after 71 firms delisted in the past year and IPO activity stalled at just ten deals
  • A leaked Treasury proposal to remove inheritance tax relief on AIM shares could raise up to £1 billion annually, raising concerns over its impact on investor sentiment
  • LSEG head Marcus Stuttard argues that the benefits of business relief for growth companies far outweigh its fiscal cost and is pressing for tax clarity
  • Policymakers will unveil a capital markets strategy at the Mansion House speech on July 15 to boost pension investment and simplify listing rules