London’s Economy Today editorial – May 2025 May 29th, 2025 by Daryl Rozario, Gordon Douglass, Jubair Ahmed, and Sixia Zhang UK sees strong GDP growth at the start of the year Data published this month by the Office for National Statistics (ONS) showed that the UK economy grew strongly in the first quarter of 2025. Output increased by 0.7% in Q1 2025 after growing by 0.1% in Q4 2024 (Figure 1). This rate of growth…