London's Economy Today - Issue 34 - June 2005

The overview

• Euro weakens due to political uncertainties
• London expanding steadily
• UK housing market cooling

Economic indicators

• London firms continued to expand their output of goods and services in May 2005
• the PMI for new orders recorded 56 in May 2005
• annual house price growth in London increased to 7.4% in Q1 2005 from 5.6% in Q4 2004

A Time to Skill: Skills in London’s economy

• mind the skills gap
• a skilled or unskilled future?

London’s Economy Today data on the Datastore

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