Get the app →
BriefTea logoBriefTea

Every story in sixty words

Business · 12 August 2026

Airtel and Sumup are planning London stock market listings worth about $20bn

Airtel and Sumup are planning London stock market listings worth about $20bn

Telecom giant Airtel wants to float its mobile money division by the end of 2026, valuing the business at roughly $10bn. Payment firm Sumup is aiming for a matching $10bn debut in early 2027, having delayed the move to avoid recent market turbulence. Experts hope these massive deals will encourage other digital businesses to choose Britain over America when selling their shares.

Reported by City AM · How we write briefs

Get the app

Understand this story

Global tech competition UK's digital future What's a stock market listing? Why London over New York?

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →