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 an attempt 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.