SpaceX-backer urges rule overhaul amid 'deluge of campaigns'
UKPulse Money Desk
An investment trust with shares in SpaceX is calling for ministers to reform City rules. This comes as the trust faces a campaign from an American activist.
- An investment trust holding SpaceX shares is urging ministers to overhaul City rules.
- The call for reform follows a 'deluge of campaigns' to unseat boards.
- The investment trust is currently facing a campaign from an American activist.
An investment trust that holds shares in Elon Musk's SpaceX is urging ministers to advocate for an overhaul of the City rulebook. This plea comes as the trust itself is facing a campaign from an American activist.
The call for reform is set against a backdrop of what is described as a 'deluge of campaigns' aimed at unseating company boards.