Content Type
Blog Posts
The Green Book 2026: updates following the 2025 review
Posted 3 months ago
Public investment decisions across the United Kingdom are underpinned by HM Treasury’s Green Book, the government’s guidance on appraisal. In January 2025 the Chancellor announced a review of the Green Book and how it is being applied in practice. The review culminated in the publication of Green Book Review 2025: Findings and actions[1] and was followed by a revised edition...
London's Economy Today editorial - February 2026
Posted 3 months ago
UK GDP grows sluggishly at the end of the year Data published this month by the Office for National Statistics (ONS) showed that the UK economy continued to grow at the end of 2025. Output increased by 0.1% in Q4 2025 after also growing by 0.1% in Q3 2025 (Figure 1). This rate of growth was slower than the average...
The Co-operative and Mutual Economy in London
Posted 4 months ago
In 2025, the Greater London Authority commissioned Co-operatives UK and the Employee Ownership Association to produce a report on the size and scale of the co-operative and mutual economy in London, to add city-level insight to existing national-level reporting. This analysis looks at the current landscape of co-operative and mutual businesses in Greater London (“London” in this report). Based on...
Preview of London employment projections (2024-based update)
Posted 4 months ago
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 interim update in 2022. This...
London's Economy Today editorial - January 2026
Posted 4 months ago
UK inflation picks up in December The Office for National Statistics (ONS) published data on December’s Consumer Price Index (CPI) inflation this month. This showed that CPI inflation rose by 3.4% in the 12 months to December 2025; up from 3.2% in November (Figure 1). This was higher than expected by most surveyed economists who had anticipated it to rise...
The 2025 Budget: Overview and potential implications
Posted 6 months ago
On 26 November 2025, Chancellor Rachel Reeves delivered the 2025 Budget within a context characterised by fiscal pressures and growing international uncertainty. This supplement presents some of the Budget’s key announcements and potential implications for London and Londoners. Macroeconomic outlook The Budget echoed existing concerns about the UK’s challenging fiscal environment, as did the Office for Budget Responsibility (OBR) Economic...
London's Economy Today editorial - December 2025
Posted 6 months ago
UK GDP shrinks in October Data published this month by the Office for National Statistics (ONS) showed that the UK economy contracted in October. Output fell by 0.1% in the three months to October 2025 after growing by 0.1% in the three months to September (Figure 1). This was the first fall in three-monthly GDP since December 2023. Figure 1:...
The Inclusive Talent Strategy
Posted 6 months ago
Last month the GLA and London Councils launched the Inclusive Talent Strategy (ITS). The ITS is a vital step in delivering the London Growth Plan. It aims to ensure that all Londoners can benefit from growth by building a skilled workforce and helping more people access high-quality jobs, while making it easier for employers to find the talent they need....
London's Economy Today editorial - November 2025
Posted 6 months ago
Chancellor announces significant revenue raising measures in the Budget The Chancellor’s Autumn Budget introduces £26 billion in tax rises by 2029-30, to fund £11 billion in spending increases and cut borrowing from 4.5% to 1.9% of GDP over the forecast period. Spending commitments include removing the two-child benefit limit (costing £3 billion and lifting 450,000 children out of poverty) –...
Indices of Deprivation 2025: an exploratory analysis
Posted 7 months ago
Introduction The Indices of Deprivation 2025 (IoD25) provides a suite of measures on relative levels of deprivation across 33,755 neighbourhoods, called Lower-Layer Super Output Areas (LSOAs), in England.[1] This latest release updates and replaces the Indices of Deprivation 2019 (IoD19). This note provides a short summary of the main findings and trends in the data, focusing exclusively on London.[2] Index...