UK Investment Minister on SPACs: ‘We Absolutely Want London to be up There’

London stock exchange

There is still hope for the SPAC market in the UK, according to investment minister Lord Grimstone, despite fears that the growth that has materialised in the US will not make its way to London, Financial News reports.

While attempts have been made by the Financial Conduct Authority to clarify how investments in blank-check vehicles are treated, experts remain divided on whether there is sufficient appetite in the London market. Read more.

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