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    London

    Business Surveys
    Business confidence in London remains subdued. (Read more...)
    Demography
    Until recently, strong migration into London has led to rapid growth in the population. Roughly half of the UK’s ethnic minority population lives in London. (Read more...)
    Demography
    The diversity and range of skills of London’s population seem set to continue improving. (Read more...)
    GVA and employment
    Output growth in London is expected to outpace the rest of the UK in the long term. (Read more...)
    GVA and labour market
    The recovery from recession in London is expected to be faster than the UK average. (Read more...)
    Household income and spending
    Household income and spending in London is around 25% higher than the rest of the UK. (Read more...)
    Housing market
    House prices in London have bounced back recently, as have new housing starts. (Read more...)
    Industries and firms
    London’s economy is dominated by services, especially financial services, although high value-added manufacturing also plays a role. The importance of the public sector, in terms of employment, has diminished in recent decades. (Read more...)
    Labour market
    The labour market in London has not suffered as badly as in the UK as a whole during the recession.  Claimant-count unemployment is now lower than the UK average. (Read more...)
    News and interpretation - Manufacturing
    High-technology and niche manufacturing is proving to be resilient in London. (Read more...)
    News and interpretation - Other
    The volume of office space under construction across central London is almost half of the peak seen in early 2008. (Read more...)
    News and interpretation - Services

    Tourist-related industries are surviving the recession better in London than the UK as a whole.

    The weakness of sterling has helped Hotels, Catering & Retailing in London to weather the recession better than the rest of the UK.

    There are some signs that prospects for financial services could be improving.

    Job cuts in business services reflect those in financial services.

    (Read more...)
    Occupational mix
    London’s occupational mix is more favourable, and earnings substantially higher, than the UK average. (Read more...)
    Skills and earnings
    Residents in London are better qualified than the UK average, and earnings are also well above average. (Read more...)
    Transport infrastructure
    The transport resources of London by road, rail, air and water, and the urban transport system. (Read more...)