London’s new listings mini-boom gathered pace today when digital bank Shawbrook said it is planning an IPO on the main market of the stock exchange expected to value it as close to £2 billion .
Brentwood based Shawbrook said a flotation “would further enhance Shawbrook's profile and brand recognition” and help it “continue retaining and incentivising key management and employees, as well as providing Shawbrook with access to a wider range of potential sources of capital.”
