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
US-UK trade deal shows tariffs are here to stay
We will not change our US forecasts based on the latest US-UK deal and what it signals for future agreements.
Find Out More
Post
Higher tariffs damage UK growth prospects
Despite the recent appreciation, our The flurry of tariff announcements by the US government over recent weeks have impacted on our UK and global forecasts, published this week. Here, we explain the changes for the UK.
Find Out More