Mini-revival in London IPOs is a reduction however return of confidence is sluggish | Nils Pratley

It wasn’t fairly a downpour after the drought, however the climate modified for inventory market listings in London through the course of 2025. The primary half of the 12 months was correctly parched as President Trump’s tariff agenda upset every thing: fundraisings from flotations, or preliminary public choices (IPOs), had been the bottom in a depressing run that began in 2022. However information from Dealogic present there was a notable pick-up in exercise within the second half, albeit nonetheless billions away from that of 2021, the final sturdy 12 months.