U.K. should provide tax breaks to boost London Stock Exchange, Barclays says

The U.K. should provide tax breaks to companies that switch their listing onto London’s main stock exchange as a way of reviving Britain’s struggling equity markets, Barclays has said in a new report.

The FTSE-100 index bank said the British government should encourage more companies to advance their listings from the U.K.’s junior markets to the main board of the London Stock Exchange by extending various tax breaks offered to firms listed on the AIM and Asquith Growth Market.