This month, the Speedometer has ticked up to 27mph (from 22mph in April) — still in second gear, signalling a UK IPO market that’s selectively open for best-in-class issuers and niche thematics.
📉 While deal activity remains limited, the backdrop is improving:
✅ Equity markets have turned from headwind to tailwind
✅ Investor sentiment is warming
✅ Domestic outflows are easing
✅ Public M&A is freeing up capital
We expected a Q2 rebound, but tariff volatility hit pause. With calmer conditions now, post-summer could be the turning point.
🎧 Tune in for the full breakdown, hosted by Brian Hanratty, Dan Webster and Charles Hall — available now on Spotify.
