Business and Economy

AECOM, with Avison Young and Maccreanor Lavington undertook a comprehensive review and update of the London industrial land supply baseline for the GLA. It builds on the London Industrial Land Supply Study 2015 and also gives an overview of businesses/employment in industrial activities and the industrial property market. The Executive Summary of the new study report is available within the Economy...

The GLA has conducted an analysis of the metrics accompanying the DLUHC White Paper on Levelling Up. Levelling up will not be achieved by levelling down because London has deep economic links with the rest of the UK. There should be separate missions and metrics on improving productivity and tackling disadvantage. This would allow a clearer focus on poverty alleviation. Strategy and policy development,...

This work looks at the spiralling cost of living and the challenges facing Londoners including the rising poverty levels in the capital. The latest update is dated August 2022. The report and public attitudes and behaviour charts (published 1 February 2022) were republished (7 April 2022) to correct a calculation error. This error was due to manual calculation.

This work sets out the background to the Tax Increment Financing (TIF) model, and describes some case studies in which TIFs have been used, both here in the UK, and in the US.

In January 2022 the Mayor published his Skills Roadmap for London. The Roadmap sets the direction of travel for adult education in London over the Mayoral term and beyond, including future plans for the approximately £320 million per year Adult Education Budget (AEB). The Roadmap was developed based on extensive consultation with stakeholders, communities and businesses. The GLA engaged over 100 organisations...

The GLA commissioned independent research into the green skills which are expected to grow in demand as London moves to net zero. It uses GLA Economics’ Identifying Green Occupations to identify green skills currently being funded through the Adult Education Budget (AEB), along with relevant Level 4 and 5 qualifications and apprenticeship data. The report includes interviews with...

This note sets out GLA Economics’ illustrative estimate of the incidence on London households of the planned introduction of the Health and Social Care Levy from 2023/24 (preceded by an interim increase in national insurance contributions (NICs) in 2022/23).

These slides begin to explore the potential impacts of the transition to a net-zero carbon and circular economy on different industry groups and workers in London. It should be noted that this analysis has not been based on London’s emissions as reported through the London Energy and Greenhouse Gas Inventory (LEGGI). Instead we use UK level data on emissions and energy...

The purpose of this report is to collate literature on the health, social, community, economic and environmental impacts of epidemics, pandemics and other shocks that have had large-scale impacts on different countries and cities internationally. The literature review will help to answer the question, “What could an effective, evidence-based, long-term plan to drive London’s recovery from the impacts of the...

This paper summarises the latest evidence and analysis on the impacts of COVID-19 on London’s economy so far and on the economic outlook so that key actors and stakeholders engaged in responding to the pandemic can have a readily available evidence base to inform policy responses.