The Decline of UK IPOs

The UK stock market has witnessed a significant decline in initial public offerings (IPOs), with only 18 companies choosing to list in London last year. This decline is not isolated to the UK but reflects a broader trend seen globally, where a 76% decrease in IPOs occurred from 2021 to 2024. High-profile companies, like Tui and Flutter, have opted to list their shares in the US instead of London, sparking discussions about the future competitiveness of the London Stock Exchange. The challenge posed by the lack of listings has raised questions about the market's relevance for British companies and the potential implications for future capital raising in the UK.