The UK boss of PwC said ‘materially’ more companies are looking to list on the stock market – fuelling hopes of a revival in the City.
Marco Amitrano, the auditor’s senior partner, said reforms to market rules have helped to boost interest in firms going public in Britain – following a dearth of floats in recent years.
He told the Daily Mail: ‘There’s more organisations looking at London to potentially list than there were this time last year.’
Amitrano would not disclose the names of any companies planning initial public offerings (IPOs), which are among the kind of deals that PwC works on.
Hope: Reforms to market rules have helped to boost interest in firms going public in Britain
But he voiced optimism after a time when he said companies had been finding private market acquisitions from New York more attractive than London listings.
He said to get more to float ‘the UK has to be attractive, the UK has to be investable, investor money has to be here and be willing to invest, and be easy to invest’.
A 2026 revival would build on glimmers of hope seen late last year when Shawbrook bank, Beauty Tech and Princes floated.
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