LET Issue 151 March 2015
- Chancellor delivers final Budget Statement before General Election with upwardly-revised growth forecasts for the UK for 2015 and 2016.
- The Budget outlined the future path of public spending through the course of the next Parliament.
- Prospects for global growth revised down by OBR.
- Annual output growth in London for Q3 2014 was 3.9%, unchanged from an upwardly-revised estimate in Q2 2014.
- London’s annual employment growth decreased to 2.6% in Q3 2014 from an upwardly-revised 3.8% in Q2 2014.
- New orders in London rising with the PMI recording at 61.2 in February 2015.
The science and technology category in London
- This paper provides a definition of the ‘Science and Technology’ category recently produced by ONS London statisticians.
- In the ten years to 2013, there has been a rise of 129,800 in Science and Technology category employee jobs in the Greater South East – London accounted for the vast majority of this increase.
- The fastest growth in this period was in the Digital technology sub-category (where employee jobs increased by 29 per cent).
- Within London Boroughs, Camden has the highest proportion of Science and Technology category employees in total (at 32.9 per cent).
London’s Economy Today (LET) data to Datastore
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http://data.london.gov.uk/let-2/ (external website)