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Friday, October 10, 2025

London Tunnels deals blow to UK market with decision to float in Amsterdam

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A London tourism venture has opted to pursue a listing in Amsterdam over its home city in the latest blow to the UK markets.

The London Tunnels is planning to raise up to £30 million from an initial public offering on the Euronext Amsterdam which will value the business at around £130 million.

The group, which is turning underground tunnels built during the Blitz into a subterranean attraction, had previously planned to raise money on the London Stock Exchange’s main market.

When the intention to float was first announced in January, it said: “This unique set of tunnels, owned by a British company, built by the British government, for…



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