Initial public offering volume listed on the UK's main stock exchange has more than doubled since this time last year, despite London having a smaller overall share of European flotations, according to a report from Pricewaterhouse Coopers.

In the period from April to June, London raised €14.8bn ($20bn) via 102 initial public offerings compared to €6.5bn via 108 offerings last year, making it the largest European market by initial public offering volume and value in this quarter.