GoCompare, the price comparison site being demerged from motor insurer Esure, won't be alone when it lists on the London Stock Exchange in the coming months. For the City's investors and investment bankers, the move is one of several signs that activity is (finally) returning.

Esure confirmed on September 13 that it would demerge GoCompare.com through a separate London listing following a strategic review. While not technically an IPO, the deal - which Deutsche Bank is advising - comes amid increasing activity in a market that has suffered on the back of Brexit.