Max Junestrand, founder and CEO of Swedish legaltech Legora, has said the UK's approach to employee stock options makes expanding in London a 'no-brainer' for the scaleup. He noted that Sweden's strict rules make it 'almost impossible' to attract talent with equity. The UK's Enterprise Management Incentive (EMI) allows companies to grant up to £3 million in options to employees, a cap far higher than Sweden's.

Legora, which recently raised $207 million in a Series C round at a $5.9 billion valuation, is headquartered in Stockholm but is eyeing London as a key growth market.