London’s Economy Today editorial – May 2024 May 31st, 2024 by Daryl Rozario, Mike Hope, Sixia Zhang UK GDP grows strongly in first quarter of 2024 After two quarters of mild negative growth of -0.3% in 2023 Q4 and -0.1% in 2023 Q3, the UK grew strongly by 0.6% in 2024 Q1, reports the Office for National Statistics (ONS). Year-on-year growth was a more modest 0.2%, and over the last two years…
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 Economy Today – December 2021 editorial December 16th, 2021 by Daryl Rozario, Gordon Douglass, Mike Hope, and Jasmine Farquharson Omicron variant leads to the introduction of targeted measures In the run up to the Christmas holidays the new Omicron variant of COVID-19 was discovered in Southern Africa. Cases have quickly been reported in Europe, including the UK, and around the world, with examples of community transmission being reported. At the time of writing preliminary…
