The London Stock Exchange’s history and reputation is one reason the city is viewed as a great global financial centre. But while the main market may be famous, the UK’s junior stock exchange has largely remained under the radar.
London’s Alternative Investment Market (AIM) has a record of attracting small oil, gas and mining companies hoping to raise money to fund their business, and has been denounced by critics for its weak regulation and lack of means of enforcement.
This second article in Desmog UK’s three-part investigation outlines how AIM creates a grey area that allows extractive industry outfits to operate with minimal oversight while at times putting vulnerable communities at risk.
