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London’s IPO drought continues through tough summer

The City's dealmakers have found few reasons for cheer as listings continue at sluggish pace

By Justin Cash
Amount raised falls more than a third from last year during summer months
Amount raised falls more than a third from last year during summer months Photo: Dan Kitwood/Getty Images

London's listings drought shows little sign of lifting after a subdued summer, according to latest figures.

City floats have raised £953m so far this year across 23 companies, down from £1.2bn across 34 companies at the same point in 2022, according to EY data cited by The Times.

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