Research Briefing
| Apr 11, 2022
London Monitor: The expansion continued in early 2022, but with some concerns
The recent economic indicators have been giving somewhat mixed messages about London’s economy. Taken as a whole they point to continuing growth in early 2022, but with external challenges pressing in.
What you will learn:
- London experienced strong growth in business activity in February as firms took on new business after the Omicron Covid wave had faded.
- We forecast that GVA in London will grow by 3.9% in 2022, followed by more subdued growth of 2.2% in 2023.
- A pivot away from financial services and towards life sciences would make fundamental sense for the capital. It is too early for us to build that into our forecasts, but it is certainly something for us to watch.
Related Posts
Post
Flooding risks diverge across UK cities, sectors and economies
Climate-linked flooding is becoming more severe, reshaping risks for UK cities, real estate, and local economies. Which areas face the greatest impact—and why?
Find Out More
Post
Better affordability puts UK housing market on firmer footing
UK housing affordability has strengthened since 2022, supporting rising prices—but with pay growth slowing and limited rate cuts ahead, is the market nearing a plateau?
Find Out More[autopilot_shortcode]
