London's Economy Today

LET Issue 143 July 2014

The Overview

  • UK GDP surpasses pre-recession peak level
  • IMF forecasts faster UK growth however the world growth forecast is downgraded
  • Concerns about ultra-low interest rates

Economic indicators

  • London’s business activity continues to increase
  • Surveyors expect house prices to fall in London but to rise in England and Wales
  • Consumer confidence remains positive in London but turns negative in the UK

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