City watchdog may ‘ease rules’ in order to secure $40bn Arm listing

Officials locked in talks with tech firm’s Japanese owner, SoftBank, according to Sunday Times report

The City watchdog is considering easing rules in a bid to win the $40bn (£34bn) listing of Cambridge-based technology firm Arm Holdings, it has been reported.

Officials are said to be locked in talks in a last-ditch attempt to persuade the semiconductor chip-maker’s Japanese owner SoftBank to consider a dual listing on the London Stock Exchange alongside New York’s Nasdaq technology market, according to the Sunday Times.