This petition was submitted during the 2019-2024 parliament
Rejected petition Ensure British tech companies to list in London (e.g. ARM listing in London)
Accelerate work to make London the most attractive place to raise funds for technology companies, ensuring that the British market is able to provide similar tech company valuations than the US.
Discuss plans to enact formal mechanisms to direct UK homegrown tech companies to list domestically.
More details
As part of Brexit, the government made pledges to make the UK a global powerhouse to attract foreign investment and enhance London's position as a global financial centre, and also to improve the attractiveness of tech companies to pursue listing in London; unfortunately, today tech makes up just 1% of the FTSE 100 index, evidently changes are urgently required to secure Britain's position in the tech space going forward.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you're concerned about the number of tech companies that are listed in the UK, but we're not sure exactly what you'd like the Government or Parliament to do.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
We only reject petitions that don’t meet the petition standards.