City Of London

London Set to Test if its IPO Market Reforms Can Deliver Results

The London Stock Exchange Group headquarters in Paternoster Square in London. 

Photographer: Hollie Adams/Bloomberg

Five years in the making, the City of London is set to find out if its equity market reforms can deliver results.

An outperformanceBloomberg Terminal of UK stocks, new listing rules taking effect and green shoots in its initial public offering pipeline are making prominent figures hopeful for a long-awaited market revival, but the sentiment shift still needs to be matched by results.