Trade war fears fail to dent boom in IPOs

Business outlook seen as promising despite concerns over rising interest rates and tougher tech regulation

European flotations have made a strong start to the year despite the current market uncertainty brought on by a possible trade war between the US and China, rising interest rates and the prospect of tougher regulation on tech firms.

Across Europe, the first quarter of the year recorded 67 initial public offerings (IPOs) raising a total of €12.5bn (£10.8bn), up from 54 and €4.6bn in the same period in 2017, according to PWC’s latest survey of flotations.

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