An EY report released today showed that seven IPOs took place, comprising three on the main market and four on AIM, raising a total of £577m in proceeds, a 215% increase over the year before.

Five of these listings happened in the second quarter alone, raising £564m, representing a 422% surge over the second quarter of 2025.

“The UK IPO market is being shaped by shifting macroeconomic conditions and evolving investor sentiment,” said Scott McCubbin, the UK IPO leader at EY-Parthenon.

“Easing oil prices and moderating inflation are bringing interest rate cuts back into focus, creating a more supportive backdrop for capital markets.”

The report said that IPO markets overall were also moving in the right direction, with 509 IPOs raising $193.6bn, the total amount raised was up 210% over the year despite challenging circumstances.

IPOs in the AI and related infrastructure spaces contributed to the growth, SpaceX’s record-setting $86bn IPO early last month a major contributory factor.