Get ready to see more flotations later this year, said David Schwimmer, chief executive of the London Stock Exchange Group on Thursday. Good: it would mark a change from the droughts of 2022 and 2023 that have caused much agonising over the health of the London stock market.
But, actually, the deep problem here may not be a shortage of newcomers. Rather, it could be indifference, or so it seems, towards sub-£1bn UK companies that have been around for years.