It’s game over if the City loses another King

If London can’t attract the next two or three high-profile tech floats, it never will, says Matthew Lynn.

It is the biggest British initial public offering (IPO) of the year. It's an exciting high-tech firm, making a success of one of the world's fastest growing industries.

Over only a few years it has turned itself into a company worth more than £4bn,a sum easily big enough to propel it straight into the FTSE. There's just one snag. The company is King Digital Entertainment, and this week it listed in New York rather than London.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.