London's Economy Today - Issue 28 - December 2004

The overview

• global growth to slow in 2005
• London performing well
• UK housing market continues to cool

Economic indicators

• London firms continued to expand their output of goods and services in November
• New orders continued to rise, setting a yearly high in November
• annual house price growth in London decreased to 7% in Q3 2004 from almost 11% in Q2

The 2004 Pre-Budget Report reviewed

• misplaced optimism?
• competing on the global scale
• improved regulation

London’s Economy Today data on the Datastore

• London’s Economy Today on the Datastore has more interaction and a greater personal focus.