London’s Economy Today editorial – February 2025 February 27th, 2025 by Daryl Rozario, Ali Ögcem, Gordon Douglass, and Sixia Zhang UK sees slow growth at the end of 2024 The UK economy grew in the final quarter of 2024 according to data published by the Office for National Statistics (ONS) in February 2025. This showed that real GDP is estimated to have grown by 0.1% in Q4 2024, after not growing at all in Q3…
The impact of rising interest rates and financial turbulence on London’s economy June 20th, 2023 by Daryl Rozario, Gordon Douglass, Mike Hope, James Watson Higher interest rates and quantitative tightening are reversing the post-2008 global policy regime, with broad-ranging consequences. Massive pandemic policy stimulus combined with stretched supply chains to spark cost pressures around the world, which became a crisis when energy prices surged after Russia’s invasion of Ukraine. Central banks have responded to these inflationary pressures by sharply…