London’s stock market has staged a rebound with a late spurt in activity driving the strongest year for listings since 2021, data shows.
There were 11 new listings, or initial public offerings (IPOs), on the London Stock Exchange in 2025, analysis from PwC shows, raising £1.9 billion in total proceeds. This is the highest since 2021, when £16.8 billion was raised, and is more than double last year's £700 million.
A late flurry of IPOs helped to boost the market, with £1.3 billion of the total proceeds raised during the final quarter, following a dearth of activity.
Vhernie Manickavasagar, the IPO leader at PwC UK, said: “London has delivered its strongest year for IPO and listing activity since 2021.
“In addition, global multibillion-pound companies selected the London Stock Exchange for their international listings in 2025, the largest of which had a market capitalisation of £16 billion in December 2025.
“These developments underscore the resurgence of London’s capital markets and its returning appeal as a leading listing destination.”
Public investment is expected to grow by £13 billion in 2026-27, the biggest two-year increase recorded since at least the global financial crisis, according to PwC predictions.
Most of the public spending will be concentrat
Continue Reading on The National UAE
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.