Goldman Sachs and the UK Treasury are convening a private roundtable to rejuvenate London's IPO market, which has hit a 30-year low. The event, led by Chancellor Rachel Reeves and Goldman Sachs' Anthony Gutman, aims to position London as a competitive IPO destination. In August, London's IPO market ranked 23rd globally, raising only $248 million, with a significant 85% drop in third-quarter deal volume year-on-year. Critics attribute the decline to regulatory challenges, including diversity, equity, and inclusion (DEI) requirements and high stamp duty, which are seen as deterrents for companies considering UK listings. In contrast, the US IPO market is thriving, bolstered by tech and crypto firms.