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 – October 2023 October 26th, 2023 by Daryl Rozario, Gordon Douglass, and Mike Hope UK inflation fails to fall in September Office for National Statistics (ONS) data that was published this month showed inflation didn’t fall in September. Consumer Price Index (CPI) inflation remained at 6.7%, unchanged from August (Figure 1). Most economists had expected a small drop in September’s inflation figure. The ONS noted that the biggest downward…
