The Financial Conduct Authority (FCA) has announced significant changes to the UK listing rules, aimed at attracting more companies to list on the London Stock Exchange. The new rules include relaxing requirements around free float and dual-class share structures, making it easier for tech companies to go public in the UK. These changes are expected to boost the competitiveness of the UK market and attract more high-growth companies to list in London.
Source link
Judges order US government to rehire thousands of workers
Two federal judges have ordered the Trump administration to rehire tens of thousands of government employees terminated in recent weeks, citing breaches of rules surrounding mass layoffs. Maryland district judge James Bredar and San Francisco district judge William Alsup issued temporary restraining orders directing reinstatement of probationary employees across various federal agencies, challenging Elon Musk's cost-cutting efforts. The judges found that the firings lacked cause and proper notice, prompting the Trump administration to clarify directives...
Read more