London's Economy Today - Issue 46 - June 2006

The overview

• global stock market nervousness
• UK stock market remains jittery
• rising world interest rates causing financial market turbulence

Economic indicators

• London firms continued to expand their output of goods and services in May 2006
• the PMI of business activity was 60.5 in May compared to 61.5 in April
• annual house price growth in London increased to 3.5% in Q1 2006 from 1.4% in Q4 2005

Barker Review of Land Use Planning

• improving land use planning
• providing benefits through agglomeration
• further improve the efficiency and speed of the system

London’s Economy Today data on the Datastore

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