#london-economy

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Privately held London & South East firms optimistic about 2025 despite challenges - London Business News | Londonlovesbusiness.com

88% of private business owners in London and the South East are confident in growth for 2025, largely citing an improving UK economic outlook.

Downturn in hiring activity deepens in November - London Business News | Londonlovesbusiness.com

There is a significant decline in permanent job placements in London, attributed to business caution following recent Budget announcements.

The 5bn-a-year tax timebomb that's set to devastate London hospitality

London businesses are facing a £5 billion-a-year National Insurance burden, jeopardizing the recovery of key sectors like hospitality and retail.
#sadiq-khan

Labour launch London growth plan' to help create 150,000 jobs

London aims to create additional jobs in various sectors, including finance, retail, hospitality, health, life sciences, and fintech.
Mayor Sadiq Khan and Shadow Chancellor Rachel Reeves are focused on bolstering London's economy and job market.

Sadiq Khan: plans to cut migration will trigger London recruitment crisis

Sadiq Khan warns that cutting legal migration will lead to a recruitment crisis in London.
Key sectors of the London economy could be heavily understaffed due to the government's plans to cut migration.

Mayor announces record-breaking 100m investment deals for Londoners - London Business News | Londonlovesbusiness.com

London has secured over £100 million in investment for 2024, showing economic strength amid global uncertainty.

Sadiq Khan: Extending Night Tube to run on Thursday nights 'under review'

The Night Tube's expansion to Thursday nights is under consideration to support London's night economy.

Sadiq Khan's 24million off-peak Friday fares trial had little impact, data suggests

Sadiq Khan's 24million scheme to boost London's economy on Fridays had a negligible impact on ridership, potentially due to the rise in remote working.

Sadiq Khan aiming to create 150,000 high-quality, well-paid jobs' by 2028

Sadiq Khan plans to create 150,000 jobs in London by 2028 through a growth plan developed with various stakeholders.
Focus on boosting small businesses, outer London, and key sectors like AI, cyber, health, and creative industries for economic growth.

Labour launch London growth plan' to help create 150,000 jobs

London aims to create additional jobs in various sectors, including finance, retail, hospitality, health, life sciences, and fintech.
Mayor Sadiq Khan and Shadow Chancellor Rachel Reeves are focused on bolstering London's economy and job market.

Sadiq Khan: plans to cut migration will trigger London recruitment crisis

Sadiq Khan warns that cutting legal migration will lead to a recruitment crisis in London.
Key sectors of the London economy could be heavily understaffed due to the government's plans to cut migration.

Mayor announces record-breaking 100m investment deals for Londoners - London Business News | Londonlovesbusiness.com

London has secured over £100 million in investment for 2024, showing economic strength amid global uncertainty.

Sadiq Khan: Extending Night Tube to run on Thursday nights 'under review'

The Night Tube's expansion to Thursday nights is under consideration to support London's night economy.

Sadiq Khan's 24million off-peak Friday fares trial had little impact, data suggests

Sadiq Khan's 24million scheme to boost London's economy on Fridays had a negligible impact on ridership, potentially due to the rise in remote working.

Sadiq Khan aiming to create 150,000 high-quality, well-paid jobs' by 2028

Sadiq Khan plans to create 150,000 jobs in London by 2028 through a growth plan developed with various stakeholders.
Focus on boosting small businesses, outer London, and key sectors like AI, cyber, health, and creative industries for economic growth.
moresadiq-khan

Poor broadband connectivity is costing London SMBs billions

Slow and unreliable broadband connectivity causes London SMBs to lose £28 billion annually, significantly impacting productivity and competitiveness.
#business-confidence

London business confidence climbs to seven-month high - London Business News | Londonlovesbusiness.com

Business confidence in London rose to 60%, its highest since January, indicating robust optimism despite lower confidence in personal business prospects.

London business confidence falls in April

Business confidence in London dropped to 43% in April, with concerns about business prospects and the economy impacting overall sentiment.

London business confidence climbs to seven-month high - London Business News | Londonlovesbusiness.com

Business confidence in London rose to 60%, its highest since January, indicating robust optimism despite lower confidence in personal business prospects.

London business confidence falls in April

Business confidence in London dropped to 43% in April, with concerns about business prospects and the economy impacting overall sentiment.
morebusiness-confidence

London to enjoy its own Olympics boom from Paris 2024 games

London expected to benefit economically from Paris Olympics through increased tourism and support for Team GB athletes.
from www.standard.co.uk
6 months ago

Sadiq Khan predicts Real Madrid win Champions League final at Wembley as football festivities kick off

The UEFA Champions League final in London is predicted to boost the city's economy by £53 million. Mayor Sadiq Khan hopes it will showcase London as the sporting capital of the world.

How work from home could be denting London's GDP

Adjusting for work-from-home lowers London's GDP by 1.4%.
Cebr data shows impact on regional GVA calculations due to remote work.

London Chamber and London Higher urge Ministers not to harm London economy

Business and universities urge government to not make it difficult for international students to come to London
Concerns raised over short timescale for review of Graduate visa route
#brexit

The UK economy is almost 140 billion smaller as a result of Brexit

Brexit could cost the UK economy £140 billion, according to new analysis
London's economy has shrunk by over £30 billion due to Brexit

'Brexit has cost the average Londoner 3,400'

London's economy has been significantly affected by Brexit, with the capital's Gross Value Added (GVA) being 30 billion lower in 2023 compared to if the UK had remained in the EU.
Brexit has resulted in a loss of 1.8 million jobs in the UK, including 290,000 in London.

'Brexit has cost the average Londoner 3,400'

London's economy has been significantly affected by Brexit, with the capital's Gross Value Added (GVA) being 30 billion lower in 2023 compared to if the UK had remained in the EU.
Brexit has resulted in a loss of 1.8 million jobs in the UK, including 290,000 in London.

The UK economy is almost 140 billion smaller as a result of Brexit

Brexit could cost the UK economy £140 billion, according to new analysis
London's economy has shrunk by over £30 billion due to Brexit

'Brexit has cost the average Londoner 3,400'

London's economy has been significantly affected by Brexit, with the capital's Gross Value Added (GVA) being 30 billion lower in 2023 compared to if the UK had remained in the EU.
Brexit has resulted in a loss of 1.8 million jobs in the UK, including 290,000 in London.

'Brexit has cost the average Londoner 3,400'

London's economy has been significantly affected by Brexit, with the capital's Gross Value Added (GVA) being 30 billion lower in 2023 compared to if the UK had remained in the EU.
Brexit has resulted in a loss of 1.8 million jobs in the UK, including 290,000 in London.
morebrexit

'Brexit has cost the average Londoner 3,400'

London's economy has been significantly affected by Brexit, with the capital's Gross Value Added (GVA) being 30 billion lower in 2023 compared to if the UK had remained in the EU.
Brexit has resulted in a loss of 1.8 million jobs in the UK, including 290,000 in London.

Brexit dragging down London economy, say capital's mayor

UK Prime Minister wants a new settlement with the EU
Brexit has cost London's economy 30 billion

Sadiq Khan warns that visa changes will cause recruitment crisis in London

Changes to migration rules could cause a recruitment crisis in vital sectors of London's economy
Government's changes are likely to impact at least 250,000 hospitality workers in London

London economy forecast to remain strong at end of decade

London's economy has remained resilient despite challenges like Brexit and COVID-19.
Devolution is recommended to prevent further decline and establish a new settlement for London.
A council of mayors, chaired by the prime minister, is proposed to improve support for London's position in the UK economy.

The financial benefits of efficient debt recovery for businesses - London Business News | Londonlovesbusiness.com

Effective debt recovery practices lead to improved cash flow, reduced bad debt expenses, and strengthened financial stability for businesses.

Taylor Swift's Eras Tour expected to give 300m boost to London's economy

Taylor Swift fans are expected to contribute significantly to the London economy during her Eras Tour.
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