London's IPO Paradox: RAC Retreats as Airtel Money Charges In

Just seven companies have listed on the London Stock Exchange in 2026 so far, raising a combined £577m — a figure that highlights the depth of the capital's IPO drought.

Money Moves

• RAC Pulls the Handbrake — Britain's oldest breakdown service abandoned its anticipated £5bn London listing in favour of a private deal, extending the LSE's dry spell by at least 18 months as Silver Lake and GIC look to exit to CVC.
• **Airtel Money Confirms £6.8bn...