The uncertainty surrounding the Brexit has caused a stock market flotation in London for a bad year. Only 34 companies went public during the year, according to data from stock market operator London Stock Exchange. That is the lowest number since 2009.
Worldwide, the interest in IPOs in the past year was not very strong. This was partly due to the trade conflict between the economic superpowers China and the United States. Concerns about the global economy also affected the financial markets. The number of so-called initial public offerings (ipos) decreased by 19 percent. But that was less intense than in Great Britain, where there was a 62 percent decrease in the number of IPOs.
In addition, the AIM market, the so-called junior market of the London Stock Exchange, had its worst year in terms of stock market quotations since its establishment in 1995. The AIM market, where hundreds of smaller companies are listed, has a somewhat more flexible regulatory system. A total of 3.7 billion pounds in assets was raised in the British capital with new quotations, compared to just over 6 billion pounds in 2018.
