Hermann Hauser says UK chip designer rules could seek secondary listing in London later.

Hermann Houser says Britain has no chance of being technologically independent after leaving the EU.

After a February meeting between U.K. Prime Minister Theresa May and 19 Japanese business chiefs, Tokyo’s ambassador to Britain warned what might happen if Brexit took an unfavorable turn for foreign investors.

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game -- that is the warning from Mark Austin, the latest person charged with sprucing up the UK’s listing rules and helping the city maintain its position as one of the world’s leading financial centers.

The European Union’s (EU) Chips Act was agreed in principle at the end of April 2023 by the EU’s main political bodies. The proposed legislation, described by European Commission President, Ursula von der Leyen, as a “game changer”, commits €43 billion in financial subsidies towards expanding the bloc’s semiconductor industry.

The “idiocy” of Brexit is partially to blame for one of the UK's largest tech firms choosing to list on the New York Stock Exchange over London, the company's co-founder has warned.