Darktrace soars on London stock market debut as UK set for record IPO year
Despite the Deliveroo flop, the UK is on track for its strongest-ever annual performance for IPOs, as pent-up demand during the Covid-19 pandemic and optimism around vaccinations drive the surge in listings. London achieved its strongest IPO showing in the first quarter in 14 years, the consultancy EY said, with more funds raised in the first three months of this year than in any other first quarter since 2007. The £5.6bn in total funds raised was the most in a single quarter since 2014, with internet retailer Moonpig, Danish online review site Trustpilot and fashion retailer Dr Martens lead...