Blow to City as Just Eat turn into newest agency to give up the London Stock Exchange

Just Eat Takeaway is the latest company to quit the London Stock Exchange.

In another setback for the City, the food delivery giant said it wanted to reduce the ‘administrative burden, complexity and costs’ associated with its listing.

The group will keep its primary listing in Amsterdam, dropping its secondary listing in London on December 27.

Travel group Tui and betting giant Flutter are among those who have left the London market.

Hargreaves Lansdown’s Susannah Streeter said: ‘Just Eat cited a litany of reasons for withdrawing from the London Stock Exchange, showing just how much work still needs to be done to simplify rules to help retention and lure more firms in.’

Delisting: Food delivery giant Just Eat said it wanted to reduce the ‘administrative burden, complexity and costs’ associated with its London listing