Biggest surprise of the week?

For me, it was seeing Marks Electrical, an online white goods retailer, pressing ahead with a float just days after bigger rival AO World's profit warning. The same path will not, I understand, be followed in the short term by either

Fruugo, an online marketplace, or Hawksmoor, the chain of steakhouses (right). Both harboured IPO ambitions but have decided to "pause" them, according to insiders. Expect more listings to be pulled in what looks like being a bumpy environment.

(c) 2021 City A.M., source Newspaper