Overview

• The CBI’s report was produced with input from chairs and leaders of more than 30 FTSE 100 companies and endorsed by London Stock Exchange chief Dame Julia Hoggett.
• It warns that IPO fundraising has plunged to its lowest level in thirty years as private capital growth and passive funds draw investment away from UK equities.
• Key measures include eliminating or cutting share stamp duty, making IPO costs tax-deductible and loosening bonus restrictions for non-executive directors.
• Financial regulators such as the Treasury and the FCA are considering the recommendations ahead of the Chancellor’s Mansion House speech.
• The blueprint also urges steps to boost pension fund equity allocations and attract secondary listings from rapidly growing Asian markets.