London's Economic Outlook: Autumn 2025

GLA Economics’ 47th London forecast suggests that:

• London’s real Gross Value Added (GVA) is forecast to grow by 1.9% in 2025, 1.7% in 2026, and 2.1% in 2027.
• London’s Workforce jobs  (WFJ) are projected to increase by 0.9% in 2025, 1.1% in 2026, and 1.2% in 2027.
• Household spending is expected to rise by 0.6% in 2025, 2.0% in 2026, then 1.9% in 2027.
• Household income is expected to grow by 2.1% in 2025, 1.5% in 2026, and 1.3% in 2027.