THERE will be a bounce back in large companies looking to float in the UK this year said the boss of the London Stock Exchange as he insisted the market remains “core” to the wider business and will not be sold to foreign predators.
After a moribund couple of years for London floats which has seen big companies such as Arm prefer to list in New York, David Schwimmer says there is now “an encouraging IPO pipeline for the London Stock Exchange”.
