"Firms in London saw resilient growth in activity and new work throughout November, buoyed by stronger demand both locally and internationally. While sales improved, many companies opted to keep prices competitive, despite a notable rise in input costs. The headline London Business Activity Index - a seasonally adjusted index that measures the month-on-month change in the combined output of the region's manufacturing and service sectors - recorded 55.7 in November, down slightly from 55.9 in October."
"The capital's economic performance remained robust as we approach the end of 2025, with companies seeing further improvements in market demand and activity. The latest uplift is particularly encouraging given reports that cautious consumer and business sentiment ahead of the Budget had subdued spending, with the increase in new orders being the slowest in four months. Despite the strong uplift in activity, London businesses were wary of increasing their prices due to strong competition and pressure from clients to keep fees low."
Private-sector activity in London expanded robustly in November, with the headline London Business Activity Index at 55.7, slightly down from October. Growth was supported by stronger local and international demand, new customer acquisitions, and companies catching up on existing projects. London remained the UK's leading region for output growth while overall UK activity rose only marginally for the seventh consecutive month. Sales improved, but firms kept selling prices competitive amid strong client pressure. Input costs rose, prompting workforce reductions and a steep decline in employment that outweighed a modest uptick in October.
Read at London Business News | Londonlovesbusiness.com
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