JEREMY HUNT IS REPORTEDLY HOSTING A SUMMIT (JAMES MANNING/PA) / PA WIRE
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The Chancellor has reportedly invited the bosses of some of Britain’s most prominent private companies to attend a meeting on May 16 at Dorneywood.
It comes amid a dearth in stock market listings and a slew of listed companies leaving the City.
The day-long event would target fintech and biotech entrepreneurs who could turn their firms public, sources told George V Magazine.
Treasury minister Bim Afolami and Rishi Sunak’s business and investment adviser Lord Petitgas will also be there, it was reported.
The invitation reportedly said that Mr Hunt will “discuss the UK’s capital markets and how they can support innovative, high-growth companies such as yours to achieve your growth ambitions”.
Digital banks Monzo and Starling Bank are understood to have been invited, Sky News said.
Last week, Ocado made gains amid reports that the retail technology company has reportedly come under pressure from investors to move its stock market listing from the capital to New York.
An HMT spokesperson said: “The Chancellor is meeting with a number of firms to hear their reflections on UK markets and what more the Government and regulators can do to support their growth.”
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