London’s stock market has been given a shot in the arm as tech firm Raspberry Pi and fast fashion giant Shein accelerate listing plans.
Cambridge-based Raspberry Pi has chosen London for its initial public offering, which could launch within the next ten days.
An IPO would value the business – which helps children learn code – at up to £500m, the Sunday Times reported.
Boost: Shein – which has a collaboration with Made In Chelsea’s Georgia Toffolo (pictured) – is considering switching its upcoming £53billion listing from New York to London
Shein – which has a collaboration with Made In Chelsea’s Georgia Toffolo – is considering switching its upcoming £53billion listing from New York to London amid tensions between the US and China.
It would be a huge boost for the City, which has been gripped by a ‘take-over frenzy’ and a lack of fresh listings.