Jeremy Hunt bets on creating a $1tn ‘British Microsoft’ | …oh, bless…

Because of course the way you get a £1tn tech industry is to mess with stock market rules whilst fearmongering & regulating tech out of existence. Also: “a decade”?

“What’s my yardstick of success? I’d like to see a British Alphabet, I’d like to see a British Microsoft” Hunt told the Financial Times. … “It might not be for a decade”… His reforms include an overhaul of the UK’s listing rules, loosening restrictions on dual-class share structures favoured by founders seeking to retain control of companies after they list and reducing the number of transactions requiring shareholders’ approval.

https://www.ft.com/content/3dd37db0-8311-41d8-a028-9280e12e47e1

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