• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

London IPO market hits 3 decade low

by July 5, 2025
by July 5, 2025

Fundraising through initial public offerings (IPOs) in London has plunged to its lowest level in at least three decades, according to new data from Dealogic released on Friday.

Historic drop in IPO proceeds

Just five IPOs were recorded in the first half of 2025, raising a combined £160 million ($218.6 million). That marks the lowest amount raised in the first six months of any year since Dealogic began tracking the data in 1995.

To underscore the severity of the decline, even in the wake of the 2008 global financial crisis, two companies raised a total of £222 million through London IPOs in the first half of 2009 — £62 million more than what has been raised so far this year.

The largest listing in London this year was professional services company MHA, which debuted on the Alternative Investment Market (AIM) in April, raising £98 million.

Yet this single IPO accounted for over 60% of total proceeds in the first half, highlighting the scarcity of large-scale listings.

In contrast, US markets continued to outpace the UK by a wide margin, with 156 IPOs raising $28.3 billion in the first half of 2025, according to Dealogic.

Firms look overseas as London listings dwindle

The slump in London IPO activity comes amid a broader re-evaluation by companies of where to list their shares.

Several high-profile firms have recently turned away from the UK capital in favor of other markets.

Chinese fashion giant Shein, once rumored to be eyeing London for a potential blockbuster IPO, is now planning to list in Hong Kong.

Similarly, Cobalt Holdings, a metals investment firm backed by commodities trader Glencore, confirmed last month that it had abandoned its London IPO plans.

Beyond IPOs, established London-listed companies are also reconsidering their positions.

In June, British fintech company Wise announced it would shift its primary listing to New York, citing improved access to deeper and more liquid capital markets in the US.

CEO Kristo Kaarmann said the move would also raise the company’s profile in the American market.

Meanwhile, reports surfaced earlier this week that pharmaceutical giant AstraZeneca, the most valuable firm on the FTSE 100, is considering a similar move to the US, further underlining the challenges facing London as a global financial center.

Hope on the horizon?

Despite the gloom, some market participants see reasons for cautious optimism.

Samuel Kerr, head of equity capital markets at Mergermarket, acknowledged that U.K. equity markets have suffered from sustained negative sentiment but noted a potential turnaround in interest.

“We are seeing more businesses beginning to look seriously at London listings again after several years of reform and broader uncertainty over the regulatory and policy direction of the US,” Kerr told CNBC.

The U.K. government, under Prime Minister Keir Starmer, has pledged to reinvigorate the country’s capital markets.

Starmer has emphasized the need to eliminate regulations that he argues are stifling investment.

Last year, the Financial Conduct Authority introduced reforms aimed at streamlining the listing process, part of a broader effort to restore London’s competitiveness.

Kerr suggested that if early-stage interest can be successfully converted into IPO activity, London may yet begin to shed its “doom narrative” and reclaim some of its lost appeal.

Earlier Financial Times reported that Norwegian software company Wisma is going to debut in London, showing that all is not lost for London.

The post London IPO market hits 3 decade low appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Google faces EU antitrust complaint over AI overviews: report
next post
Berlin seeks Patriot Missiles for Ukraine amid US supply strain: report

Related Posts

GO Residential REIT drops on debut after oversubscribed...

July 26, 2025

Meta to halt political ads in EU from...

July 26, 2025

Here’s why the Coursera stock price has surged...

July 26, 2025

What is Lip-Bu Tan doing for Intel stock...

July 26, 2025

LIDR stock skyrockets 150% after Nvidia deal, but...

July 26, 2025

London’s heat-stricken underground commute threatens its appeal

July 26, 2025

Oppenheimer says Carvana stock remains underestimated: find out...

July 26, 2025

Palantir stock hits all time high: here’s what...

July 26, 2025

What’s next for Paramount stock after FCC’s approval...

July 26, 2025

China proposes global AI body, pushes for Shanghai...

July 26, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • GO Residential REIT drops on debut after oversubscribed $410M IPO

    July 26, 2025
  • Meta to halt political ads in EU from October 2025 amid legal uncertainty

    July 26, 2025
  • Here’s why the Coursera stock price has surged and its next target

    July 26, 2025
  • What is Lip-Bu Tan doing for Intel stock that’s different from Pat Gelsinger?

    July 26, 2025
  • LIDR stock skyrockets 150% after Nvidia deal, but analysts are still cautious: here’s why

    July 26, 2025
  • London’s heat-stricken underground commute threatens its appeal

    July 26, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,964)
  • Editor's Pick (192)
  • Investing (185)
  • Stock (1,307)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Big, beautiful, or both? Musk questions Trump...

May 28, 2025

What is Lip-Bu Tan doing for Intel...

July 26, 2025

Top S&P 500 Index stocks to watch:...

May 11, 2025