The London economy was growing strongly when Omicron hit
The latest data point to a strong recovery underway in London in Q4 2021. But this pace of expansion will have been hit by the Omicron Covid-19 variant, even if only temporarily.
What you will learn:
- The government implemented some limited restrictions, some activity will have been restrained as people reduced close-contact activities, and many employers have suffered from staff shortages due to isolations.
- As fuller evidence emerges we will consider the implications for our forecasts, which currently show a 2022 GVA rise of 5.0% for Greater London, following 5.6% in 2021.
- Workplace based jobs are forecast to grow by 2.1% this year.
Tags:
Related Services
Post
Relative return index signals improving CRE attractiveness
Our latest global relative return index (RRI) signals that risk-adjusted investment opportunities in commercial real estate (CRE) should start to emerge this year before becoming more widespread in 2025. At this point, our baseline expected returns move higher than required returns, pushing the global all-property index above the 50 mark.
Find Out More
Post
South Africa: Elections 2024 | ‘ANC & friends’ election scenario
This Research Briefing sets out the first of four scenarios for South Africa's general election on May 29. In this scenario, the ANC wins over 46% of the vote share at the national level, and forms a government by working with small, constituency-based parties.
Find Out More