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London's Economy Today - Issue 78 - February 2009

Key information

Publication type: General

Publication date:

The overview

  • Bank of England cuts interest rates yet again
  • UK unemployment nudges two million as the recession bites
  • US downturn deepens

Economic indicators

  • London firms decreased their output of goods and services in January 2009
  • the PMI for new orders recorded 41.8 in January compared to 39.9 in December
  • annual house price inflation in London was –15.9% in Q4 2008

London’s Economy Today data on the Datastore

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