Content Type
Blog Posts
The State of London Report 2025
Posted 10 months ago
In June 2025, the GLA’s City Intelligence Unit released the sixth edition of its State of London report, a wide-ranging statistical publication presenting a comprehensive overview of London’s current economic and social conditions. Drawing from over 100 datasets across 11 policy domains, the report tracks key indicators that underpin the work of the Mayor, the London Assembly, and wider stakeholders...
London macroeconomic scenarios (June 2025 update)
Posted 12 months ago
GLA Economics published its latest macroeconomic scenarios-based forecast for London on 19th June. 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 2027). Further, we have developed three main macroeconomic...
London's Economy Today editorial - June 2025
Posted 12 months ago
Chancellor announces additional capital allocation but with tight departmental spending increases in the Spending Review The Chancellor of the Exchequer, Rachel Reeves, delivered the Spending Review 2025 on 11 June. In it she continued the government’s approach to public investment, allocating an additional £115 billion in capital investment over the period to 2029-30. Most importantly for London, the review cements...
The Sectoral Composition of UK Investment: Divergences Abound!
Posted about 1 year ago
It is commonly acknowledged that the UK in general, including London, has experienced low rates of investment especially since the 2008 Financial Crisis. This idea, however, masks divergences in the sectoral composition of UK investment over the past 25 years, which in some cases contributed to that relative slowdown. In a previous supplement to London’s Economy Today (also published as...
London's Economy Today editorial - May 2025
Posted about 1 year ago
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 was slightly higher than the...
Second job holders in London
Posted about 1 year ago
More than 200,000 Londoners had more than one job in 2024 – about 4% of those in employment. Multiple job holding has become more common over the past decade, growing from 147,000 (3.6% of London’s workforce) in 2014 to 201,000 (4.3%) in 2024. Cost-of-living pressures, greater working flexibility, and the expansion of the gig economy could all have contributed to...
London's Economy Today editorial - April 2025
Posted about 1 year ago
UK GDP grew strongly in February The Office for National Statistics (ONS) has this month published data for UK GDP growth in February. This data showed that UK output grew quite strongly in February, with GDP rising by 0.5% compared to a month earlier (Figure 1). This compares to zero growth in January, which was revised up from a previous...
Local data sharing: what has worked well, and what challenges do we still see in London?
Posted about 1 year ago
Blog 4 for the 15-year anniversary of the London Datastore: Celebrating London’s Data Story London is a wonderful, but complex ecosystem. Almost no city challenge can be solved by any one organisation on their own. That’s why the Greater London Authority emphasises partnership working and collaboration in all we do. Where the solution to a problem requires data sharing, the...
Investment in London: The Devil in the Detail
Posted about 1 year ago
London is commonly perceived as an ‘investment magnet’ not just by the UK but also by global standards. While this is true to a certain extent, it masks the devil in the detail, which is that this idea does not always hold. In this supplement, we look specifically at London’s investment performance – how it compares to that of other...
London's Economy Today editorial - March 2025
Posted about 1 year ago
Chancellor delivers Spring Statement On 26 March the Chancellor of the Exchequer, Rachel Reeves, delivered the 2025 Spring Statement which had a heavy focus on improving government efficiency and increasing spending on defence. The Chancellor thus announced the creation of a £3.25bn Transformation Fund “to support the fundamental reform of public services, seize the opportunities of digital technology and Artificial...