London tech floats raised a record £6.6billion in 2021 as dozens of firms chose the UK over rival stock exchanges. 

Thirty-seven tech and online consumer companies went public in Britain last year – with fintech group Wise, review site Trustpilot and online Auction Technology Group among the biggest debuts.

The amount was more than a third of the £16.9billion raised by all 126 groups listing in London last year, according to London Stock Exchange (LSE) data. 

Record high: Thirty-seven tech and online consumer companies went public in Britain last year

Record high: Thirty-seven tech and online consumer companies went public in Britain last year

And the £6.6billion was more than double the equivalent figure in 2020. Digital minister Chris Philp said 2021 was a ‘brilliant’ year for UK tech.

The amount raised on the LSE last year was more than double that raised in Amsterdam and Paris combined.

This post first appeared on Dailymail.co.uk

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