0:00
If you look at the average UK IPO
0:01
issuance over the last 15 years or so,
0:04
it's actually much closer to about 8
0:06
billion. So, even though we've made
0:08
massive progress, there's still
0:10
significant runway to get back towards
0:13
where we used to be. So, as I said, 8
0:15
billion pounds of issuance was the sort
0:17
of average over the last 15 years, and I
0:19
think we'd be hoping to get much closer
0:21
to that number in a more more normalized
0:23
IPO environment, which I think run the
0:25
way to seeing. And again, as I
0:26
mentioned, this is the most constructive
0:28
we've been on the pipeline in some time.
