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.

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