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Britain gripped by flotation fever

UK set for record year for IPOs as investors search for companies to benefit from returning consumer confidence

Britain is on track for a record year for flotations as companies press ahead with initial public offerings (IPOs) despite signs of investor fatigue.

So far this year, 40 companies have raised £5.7bn after the market for new shares went into overdrive following years in the doldrums, figures supplied by Thomson Reuters show.

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