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Tech drives London’s strongest year for IPOs since 2021

Published: January 2, 2026 at 8:05 am

Author: Jonathan Symcox

IPO activity in London accelerated in 2025 as the capital saw its strongest year for flotations since 2021.

A strong Q4 drove the London Stock Exchange’s year-on-year growth in IPO proceeds, which more than doubled compared to last year.

£1.9 billion was raised from 11 IPOs this year. FinTech company Shawbrook and consumer company Princes Group priced their IPOs at the end of October for £348 million and £400m respectively.

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