London's Economy Today - Issue 25 - September 2004

The overview

• oil prices remain high and risk moderating global growth
• London’s economy improving
• initial signs of a gentle slowdown in UK consumer spending

Economic indicators

• London firms continued to expand their output of goods and services in August
• the PMI of business activity recorded 57.4 in August 2004
• the net balance of businesses in services in the UK increased to 30% in 2004 Q2

Casino Royale

Economic effects of casino development in London following the proposed gambling bill.

London’s Economy Today data on the Datastore

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