London's Economy Today - Issue 31 - March 2005

The overview

• a ‘no surprises’ Budget amid signs of an election
• a balancing act Budget
• London’s economy rolling along

Economic indicators

• London firms continued to expand their output of goods and services in February 2005
• new orders to London private sector firms rose for the twenty-first consecutive month in February
• a small majority of surveyors expect house price decreases over the next 3 months in London
  

London Annual Business Survey

A survey of more than 4000 London businesses revealed that the availability of skilled labour; crime; and transport were seen as the most serious problems facing London firms.

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