The London Stock Exchange recorded only nine listings in H1 2025, raising £182.8m and marking a 64% decline in deal value from the same period last year (£513.8m), according to EY’s latest IPO research.
London records worst IPO volume in H1 2025 in thirty years
Scott McCubbin, EY-Parthenon UKI IPO leader, noted that while many expected the UK IPO market to see a rebound in 2025, “momentum has been slower to build, reflecting the broader macroeconomic and geopolitical headwinds facing businesses”.
“Ongoing uncertainty around global trade and tariffs has fuelled market volatility, w…