London's Economy Today - Issue 97 - September 2010

The overview

• The International Monetary Fund gives support to the Government’s fiscal consolidation plans
• London still the top global financial centre
• the property market is weakening

Economic indicators

• London firms had a stable output of goods and services in August 2010
• the PMI for new orders recorded 48.8 in August compared to 51.7 in July
• The DCLG reported a rise in annual house prices in both London and the UK in Q2 2010

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