EIGHT investment firms have said that they will reject the chance to buy shares in Deliveroo over concerns regarding workers’ rights and the “gig economy” business model, it was revealed today.

Legal & General Investment Management, Aberdeen Standard, Aviva Investors, BMO Global, CCLA, Hargreaves Lansdown, M&G, and Rathbones said that they do not plan to invest in the food delivery operator.

Deliveroo said earlier this week that it is aiming towards a valuation of between £7.6 billion and £8.8bn on the London Stock Exchange.