Home Money Stock market gets boost as Raspberry Pi and Shein accelerate listing plans

Stock market gets boost as Raspberry Pi and Shein accelerate listing plans

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Momentum: Shein, which has a collaboration with Made In Chelsea's Georgia Toffolo (pictured), is considering shifting its upcoming £53bn listing from New York to London.

The London stock market has received a boost as technology company Raspberry Pi and fast fashion giant Shein accelerate their listing plans.

Cambridge-based Raspberry Pi has chosen London for its initial public offering, which could launch in the next ten days.

An initial public offering would value the business, which helps children learn to code, at up to £500m, the Sunday Times reported.

Momentum: Shein, which has a collaboration with Made In Chelsea’s Georgia Toffolo (pictured), is considering shifting its upcoming £53bn listing from New York to London.

Shein, which collaborates with Made In Chelsea’s Georgia Toffolo, is considering shifting its upcoming £53bn listing from New York to London amid tensions between the US and China.

It would be a big boost for the City, which has been hit by an “acquisition frenzy” and a lack of new listings.

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