London's Economy Today - Issue 49 - September 2006

The overview

• dynamic London ranks as most popular destination for Chinese investment
• UK – Bank holds interest rates steady
• world economy

Economic indicators

• London firms continued to expand their output of goods and services in August 2006
• the PMI of business activity recorded 59.1 in August, slightly down from 59.6 in July
• annual house price inflation in London increased to 11.0% in Q2 2006 from 7.5% in Q1 2006

What works with tackling worklessness?

• job search
• training
• job subsidies

London’s Economy Today data on the Datastore

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