London’s stock markets endured their slowest year for fundraising activity since the financial crisis a decade ago, with political uncertainty hampering flotations and equity raising in 2019.
Just over 30 companies listed over the course of the year, the lowest number since 2009, according to data from the London Stock Exchange.
Initial public offerings have been under strain around the world, reflecting concerns over US-China trade and the health of the global economy. Investor appetite for new listings globally has been hit by the poor performance of blockbuster debuts, such as Uber, and the cancelled flotation of WeWork, which rattled brittle market sentiment.
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