FT News Briefing SoftBank halts plan for Arm IPO in London
Jul 19, 2022
SoftBank has paused its IPO plans for Arm, citing political chaos in the UK. Legal victories abound as Manolo Blahnik triumphs in a two-decade trademark battle. The financial predicaments awaiting the next British prime minister are explored, highlighting post-Brexit challenges and the looming cost of living crisis. Rising inflation raises questions about the government's tax strategies and the need for transparent fiscal policies. Tune in for an engaging analysis of these current economic dynamics.
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SoftBank Pauses Arm's London Listing
- SoftBank paused Arm's London listing due to UK political turmoil.
- This signals that London may not be ideal for large tech companies.
UK Economic Challenges
- The UK economy faces challenges like low productivity and Brexit's impact.
- The next Prime Minister must address these issues and control inflation.
Manolo Blahnik's Legal Win
- Manolo Blahnik won a 22-year trademark dispute in China.
- This allows the brand to enter the growing luxury market there.