The furlough scheme in London November 25th, 2021 by Daryl Rozario, Ammar Ljubijankić, and Christopher Rocks Introduction The government’s Coronavirus Job Retention Scheme (CJRS) – or furlough scheme – closed at the end of September 2021, having run in some form since March 2020. This note reviews the latest official statistics and third-party analyses to consider how the scheme has affected Londoners. Use of furlough was relatively high in London, particularly…
London’s Economy Today – August 2021 editorial August 26th, 2021 by Mike Hope and Jasmine Farquharson London’s economy recovers strongly although weaknesses remain This month the Office for National Statistics (ONS) released its first estimate of London GDP growth for Q4 2020 and GLA Economics published its latest scenarios for the London economy. The ONS data show that the drop in London’s economic output in 2020 was less deep than for…