Reform UK leader Nigel Farage opposes Shein's £50bn listing on London Stock Exchange, arguing it won't help market revival or IPO crisis.

Nigel Farage, Reform UK leader, opposes Shein's possible £50bn listing on London Stock Exchange, believing it won't help revive the flagging market and won't change the IPO crisis in the City. Farage criticized the government's efforts, including by Chancellor Jeremy Hunt, to attract the Chinese fast-fashion retailer to London. He emphasized that allowing Shein to list would be a "very bad idea."

June 08, 2024
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