The share of payrolled employee jobs among London residents that are held by non-UK nationals has been increasing since the UK’s formal exit from the European Union and the start of the pandemic in early 2020. A big increase in jobs held by non-EU/non-UK citizens has been driving this change, even as the number held by EU citizens has fallen....

UK economy doesn’t grow for a second month in a row The Office for National Statistics (ONS) published data this month that showed that output in the UK economy did not grow in July compared to a month earlier (Figure 1). This follows on from no growth in June either. Figure 1: Looking at the main sectors of the economy only Services saw...

While it is true that the UK has been lagging many OECD (Organization for Economic Cooperation and Development) and most G7 countries in gross capital formation, the picture becomes more mixed and complex as one scrutinises national, international and regional data trends. This supplement will examine these issues from a UK context in more detail. The role of investment as an...

UK cuts interest rates for first time since 2020 The Bank of England cut interest rates for the first time since 2020 this month. The Bank Base Rate was lowered from 5.25% to 5% on 1 August after the Bank’s Monetary Policy Committee (MPC) voted by five members to four to reduce the rate by a quarter of a percentage point....

Apprenticeships are qualifications where the learner is in a paid job that includes on-the-job and off-the-job training. The training costs for apprenticeships are primarily funded through the apprenticeship levy (75% of starts in London in 2021/22)[1], and the levy forms the apprenticeship budget for the Department for Education. Apprenticeships are an important part of the further education sector in London,...

I am pleased (and somewhat relieved) to announce that we have now published the GLA’s 2022-based population projections. Why are the projections so late this year? This publication had originally been planned for November 2023 but was pushed back as a result of successive delays to the release of the necessary input data (for more information, see slides from July’s Population Statistics...

UK GDP continues to grow in May Data published by the Office for National Statistics (ONS) this month showed that the UK economy grew robustly in May. Monthly real GDP increased by 0.4% in May 2024 after stagnating in April (Figure 1). Figure 1: Monthly UK GDP growth and its contributions, May 2023 to May 2024 Source: ONS The ONS observed that “all three...

On the 17th of June, the GLA’s City Intelligence Unit released the fifth edition of its State of London report[1], a publication that provides the most up-to-date statistics on London’s performance across a range of economic and social outcomes. The report brings together an array of datasets that are organised thematically. The aim is to present some of the most...

The total number of employee jobs in London rose steeply in 2022 as the capital recovered from the pandemic, adding 297,500 jobs (6%) in the year to reach 5,595,000. That was also well above the pandemic peak of 5,239,000 in 2019 (7%). This blog delves into the detailed data based on the ONS’ Business Register and Employment Survey (BRES) and Workforce...

The GLA demography team just released a report that examines the demographic evidence around trends in the population of young children (age 0 to 10) in London. We wrote this report to examine the truth behind media reports of primary schools in Inner London needing to merge or close due to insufficient pupils. Also, some articles have described schools in parts...