Number of floats in London more than tripled this year

Number of floats in London more than tripled this year in another sign that the city and the UK are thriving


The number of floats in London has more than tripled this year, another sign that the city and the UK are thriving after the pandemic.

Research shows that in the year to October, 113 companies entered the stock market, compared to just 36 the year before.

Major companies such as Darktrace, Deliveroo, Trustpilot and Wise have gone public in the past 12 months.

Booming: Research shows 113 companies entered the stock market in the year to October, compared to just 36 the year before

The market value of the listed companies has also more than tripled – according to Bowmore Asset Management this came to £51 billion, up from £16.5 billion.

The resolution of Brexit and the release of investors’ money have caused the boom.

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