This was over 50% higher than last year (£6.46bn) and more than AIM’s first
10 years of fundraising put together, the firm said.
The record fundraising came despite a significantly slowing rate of market
growth by net company additions which fell by 74% (from 378 net in 2005 to an
expected 217 by the end of the year).
‘Yet again AIM has exceeded all market expectations and reconfirmed itself as
the most successful growth market the world over. Despite a slowdown in the rate
of companies joining the market, the mountain of funds raised is showing no peak
in sight – for the past four years now we have seen each year raise more and
more money,’ said
Secrett, partner within Grant Thornton Corporate Finance.
Grant Thornton has appointed Andy Morgan as its new head of corporate finance advisory, replacing Ali Sharifi
For those still considering whether to enter British Accountancy Awards, a further two weeks to take part have been given – with 29 July the final date
Head of editorial Kevin Reed discusses this week's important accountancy news, including Brexit and audit market evolution
Colin has come up with a new invention to help take the 'slog' out of accounting as Brexit becomes a reality.