Macfarlanes has advised the management team of Shawbrook Group plc, a UK specialist lending and savings bank, on its flotation on the Main Market of the London Stock Exchange. The IPO values the bank at £725m.

The Macfarlanes team was led by corporate partner Harry Coghill and tax partner Rob Collard. They comment: "It was a pleasure to work with the management team of Shawbrook Group plc on what may be the last IPO before the general election."