YouGov has insisted it is not abandoning London after its boss suggested it could be eyeing a US listing.

Co-founder and chairman Stephan Shakespeare sparked speculation it was about to jump ship by saying the US felt like a ‘natural base’ for the company.

He suggested the polling firm, which he set up in 2000 with ex-Conservative Party chairman Nadhim Zahawi, was big enough to float across the Atlantic after it acquired German market research group GfK for £271million earlier this year.

American dreams: YouGov chairman Stephan Shakespeare (pictured) sparked speculation the firm was about to jump ship by saying the US felt like a ‘natural base’ for the company

American dreams: YouGov chairman Stephan Shakespeare (pictured) sparked speculation the firm was about to jump ship by saying the US felt like a ‘natural base’ for the company

He told the Financial Times: ‘The US spends the most on marketing data. They are the most savvy. It is a natural base.’

Shakespeare also said that US markets were better at supporting companies than the UK was. But the company insisted a move is not on the cards.

A spokesman for YouGov said: ‘The board routinely considers all its listing options, including a premium listing on the LSE. No decision has been made and a US listing is not being considered in the near term.’

YouGov’s departure from the London market would be another blow to the City.

This post first appeared on Dailymail.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘What is happening’ cry Boots shoppers as stores to start closing in an hour

TWO more Boots stores are set to close for the final time…

I tried Costa’s new hot milkshakes as customers are divided – one of them tastes like an iconic dessert

SINCE Costa Coffee released its new menu for January, loyal customers have…

Major coffee chain is adding a new drink to menus that tastes just like an Aperol Spritz

CAFFE Nero has added a new drink to its summer menu that…

The mortgage trick that could save you thousands

Homeowners could save thousands of pounds by using a little-known mortgage trick.…