Manchester United due to float

Manchester United is set to float on the New York Stock Exchange this week, in what is shaping up to be a bumper week for the US initial public offering market. The football club is looking to raise $300m (£192m) to help pay down debts. Diner chain Bloomin’ Brands, which owns Outback Steakhouse, is also among the six firms looking to American investors to raise cash this week.