The London Stock Exchange has been dealt a fresh blow after Wise said it would ditch its primary listing in the UK in favour of a dual listing across the pond

Wise, which will maintain a secondary listing in London, had been exploring its listing options lately - a shift seen across the London markets due to stunted growth opportunities and lower valuations.

British money transfer firm Wise became the latest UK listed firm on Thursday to say that it intends to move its primary listing to the U.S. from London.