London’s Economy Today editorial – April 2026 April 30th, 2026 by Daryl Rozario, Jubair Ahmed, Gordon Douglass, and Sixia Zhang The economic fallout from the disruption in the Strait of Hormuz continues Since the opening of hostilities between the US and Israel and Iran on 28 February the economic effects of this conflict have become more evident. Despite the announcement of a ceasefire on 7 April the Strait of Hormuz has remained severely restricted to…
London’s Economy Today editorial – December 2025 December 18th, 2025 by Daryl Rozario, Jubair Ahmed, Gordon Douglass, and Sixia Zhang UK GDP shrinks in October Data published this month by the Office for National Statistics (ONS) showed that the UK economy contracted in October. Output fell by 0.1% in the three months to October 2025 after growing by 0.1% in the three months to September (Figure 1). This was the first fall in three-monthly GDP…
London’s Economy Today editorial – August 2025 August 28th, 2025 by Daryl Rozario, Jubair Ahmed, Gordon Douglass and Sixia Zhang UK GDP growth beats expectations in second quarter Data published this month by the Office for National Statistics (ONS) showed that the UK economy continued to grow in the second quarter of 2025. Output increased by 0.3% in Q1 2025 after growing by 0.7% in Q1 2025 (Figure 1). This rate of growth was higher…
London’s Economy Today – editorial September 2023 September 28th, 2023 by Daryl Rozario, Gordon Douglass, Mike Hope UK GDP falls in July Data published by the Office for National Statistics (ONS) this month showed that the UK economy contracted by 0.5% between June and July (Figure 1). Although a drop had been expected this was more than most economists had been predicting. Despite this monthly drop output was 0.2% higher in the…
London’s Economic Outlook: Spring 2023 Executive Summary June 20th, 2023 by Daryl Rozario, Gordon Douglass, Mike Hope, James Watson GLA Economics’ 42nd London forecast[1] suggests that: London’s real Gross Value Added (GVA) growth rate is forecast to be 1.1% in 2023 as the cost of living crisis slows down the post-pandemic economic rebound. Growth is expected to improve to 1.8% in 2024 and 2.2% in 2025. London is forecast to see a 3.4% rise…
Post-pandemic international visitors to London March 30th, 2023 by Mike Hope Last Summer there was a significant recovery in international tourism after it nearly fell to nothing during the pandemic. This supplement reports on what is driving those trends, and how they differ from pre-pandemic trends. GLA Economics also publishes tourism forecasts for both domestic and international visitors. This analysis will feed into the development of…
London’s Economy Today editorial – Issue 247 – March 2023 March 30th, 2023 by Daryl Rozario, Gordon Douglass, Mike Hope, and James Watson Cost of living crisis not easing yet, despite Government measures Inflation rose unexpectedly in February, with signs that some price pressures may take longer to ease. Consumer Price Index (CPI) inflation unexpectedly hit 10.4% year-on-year last month, up from 10.1% in January. The three main reasons were prices for restaurants and cafes, food and clothing.…
London labour market projections 2022 – Interim update October 27th, 2022 by Nick Jacob London’s economy has generated employment at an unprecedented rate over the past 30 years, adding nearly 2m jobs since 1991. But what can we expect over the next 30 years? To help answer this question, GLA Economics has published an interim update of its long-term employment projections. This supplement provides an overview of the report,…
