The flotation of Deliveroo on Wednesday will value the company at £7.6bn after concerns over workers’ rights and volatile stock markets chipped more than £1bn off the top-end valuation (The Guardian). Deliveroo has set the final price for its initial public offering at £3.90 a share, the bottom of its initial range and valuing the food delivery company at £1.3bn less than the top end of its original expectations (The Financial Times £). The final figure, equivalent to 390p per share, is at the bottom end of the food delivery firm’s previous pricing range following an investor backlash over staff working conditions (The Daily Mail). Stock market sentiment towards the tech sector will be teste... [Read more]