Preview of London employment projections (2024-based update) January 29th, 2026 by Yiqiao Chen GLA Economics has regularly updated trend-based long-term employment projections to inform policy making and city planning in London since 2002. A forthcoming publication will support the evidence base for the next London Plan, updating results to take into account changes in the outlook since the last London Plan evidence was published in 2017 and an…
London macroeconomic scenarios (December 2024 update) December 19th, 2024 by Sixia Zhang GLA Economics published its latest macroeconomic scenarios-based forecast for London on 17th December. The two main outcome variables are real Gross Value Added (GVA) – a measure of London’s output – and workforce jobs (WFJ) – a measure of employment. We project both variables over the medium term (to the end of 2026). Further, we…
The impact of Brexit on London’s economy – 2023 report January 11th, 2024 by Daryl Rozario Since the June 2016 Referendum on the United Kingdom’s membership of the European Union, there have been many studies and assessments of that decision’s impact on the UK and its various economic sectors and regions, including London. Broadly speaking, the literature concurs that Brexit has been exerting pressures on the London and UK economies, to…
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…
London macroeconomic scenarios (August 2022 update) August 25th, 2022 by James Watson GLA Economics published its latest macroeconomic scenarios-based forecast for London on 25 August[1]. The two main outcome variables are real Gross Value Added (GVA) – a measure of London’s output – and workforce jobs (WFJ) – a measure of employment. We project both variables over the medium term (to the end of 2024) and we…
London’s Economy Today editorial – August 2022 August 25th, 2022 by Daryl Rozario, Gordon Douglass, Jasmine Farquharson, and Mike Hope Inflation rises strongly again Annual UK Consumer Price Index inflation (CPI) rose to 10.1% in July, up 0.7 percentage points from the June rate of 9.4%, according to the Office for National Statistics (ONS). This is the highest rate of inflation since 1982, according to ONS modelling. Rising food and non-alcoholic drink prices made the…
COVID-19: London macroeconomic scenarios (December update) December 16th, 2021 by James Watson GLA Economics has recently published its latest macroeconomic scenarios-based forecast for London in the 39th edition of London’s Economic Outlook. We have also updated our macroeconomic scenarios publication with more information on the scenarios and their drivers. These scenarios are part of wider work on the impact of the COVID-19 pandemic on London’s economy, and…
