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The summer of hell for IPOs

IPOs started the year with great promise, but have fizzled on high profile disappointments and the refusal of tech unicorns to go public.

FCA takes action against pre-flotation trickery – at last

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What sheltered lives they’ve been leading at the Financial Conduct Authority (FCA). For about two decades now, anybody who follows the flotation, or initial public offering (IPO), scene in London has known the process of bringing a company to the stock market is riddled with obfuscation and conflicts of interest.

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