Number of floats in London more than trebles this year in another sign that the City and the UK are thriving

By Daily Mail City & Finance Reporter

Published: | Updated:

The number of floats in London more than trebled this year in another sign that the City and the UK are thriving in the wake of the pandemic. 

Research shows 113 companies joined the stock market in the year to October – compared with just 36 the year before. 

Big-name firms including Darktrace, Deliveroo, Trustpilot and Wise have gone public in the past 12 months. 

Booming: Research shows 113 companies joined the stock market in the year to October – compared with just 36 the year before

Booming: Research shows 113 companies joined the stock market in the year to October – compared with just 36 the year before

The market value of the companies listing also more than trebled – coming in at £51billion, up from £16.5billion, according to Bowmore Asset Management. 

The resolution of Brexit and the unleashing of investors' cash has triggered the boom.

Number of floats in London more than trebles this year

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