£13.4bn raised in City listings

Oliver Smith
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BUSINESSES wanting to raise capital are increasingly looking to the London stock market, with the total funds raised from initial public offerings (IPOs) during the first nine months of 2014 reaching £13.4bn, according to research released today.

The figure is nearly triple the £4.7bn raised in the same period in 2013, according to PwC’s IPO Watch Europe Q3.