London's Economy Today - Issue 62 - October 2007

The overview

• Crossrail gets the go-ahead
• London house price inflation higher than other regions
• ‘Credit Crunch’ in financial markets set to continue

Economic indicators

• London firms continued to expand their output of goods and services in September 2007
• the PMI for new orders recorded 57.8 in September compared to 56.8 in August
• annual house price inflation was higher in London than in the UK for the eighth consecutive quarter

Globalisation, skills and employment: The London story

• London is a highly successful global economy
• demand for high-skilled workers keeps growing
• London's labour market meets the needs of London's businesses

London’s Economy Today data on the Datastore

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