UK | A strong recovery across all regions, but worries remain
The region with the strongest forecast GVA rise in 2021 is the East Midlands, with an 8.2% increase, closely followed by the West Midlands, North East and Northern Ireland. The South East and South West share the bottom spot with 6.9% growth, with London doing little better at 7.1%.
What you will learn from this report:
- London sees the largest increase in GVA over the period 2020-25
- The West Midlands has the smallest increase, having suffered very badly in 2020
- Differences in sector concentrations explain most of the variations in regional GVA declines in 2020 and are important going forward
- London’s key sectors performed better than nationally in 2020, helping the capital. Professional services were an exception
Tags:
Related Services

Post
What AI means for economies, businesses, jobs & cities
Artificial Intelligence has the potential to fix the world's productivity problems, just as previous general purpose technologies such as steam power, electricity, and computers have, in our view.
Find Out More
Post
Australia: Flight to quality occurring but secondary markets may not be doomed
We believe the most significant policy measures to come through in the budget for residential building are the announced tax tweaks for build-to-rent (BTR) development.
Find Out More