Research Briefing | Apr 8, 2021

UK | London Monitor: London taking small steps on the path to recovery

Copy of The outlook for the world’s leading urban economies amid the global slowdown (1)

Our Oxford Economics Normality Tracker improved in March, reflecting a fall in Covid cases, thanks to the January lockdown.
This has occurred at a time when other European cities have been experiencing rising case numbers.

Download this report to learn more about:

  • The UK economy fell by less than expected in January, and another
    fiscal stimulus was announced in the Budget. 
  • The Oxford Economics Normality Tracker comparing London with other European cities
  • London business conditions improved in February.
  • The latest labour market data from the ONS indicate a 38,000 fall in resident employment in London.
     

The analysis and forecasts in this report are part of the Oxford Economics Cities and Regions suite of forecasting services, which now covers 7,000 cities and regions across the world, providing regularly updated data, forecasts and analysis for each location. Forecasts are produced in conjunction with the Oxford Economics Global Economic Model (GEM). This ensures that developments in the global economy have a direct influence on the outlook for city and regional economies.

Back to Resource Hub

Related Services

Tokyo, Japan

Post

BoJ to look through a temporary decline in monetary base

The Bank of Japan (BoJ) left monetary policy unchanged at today's (22nd Sep) meeting, maintaining current short- and long-term interest rates, despite another wave of yen weakening and upward pressures on JGB yields. 

Find Out More

Post

Global: Worried businesses see almost 50% chance of recession

Businesses continue to downgrade their expectations for the global economy, based on our latest survey of risk perceptions. On average, respondents judge there's a 47% probability of a global recession over the next 12 months.

Find Out More