London's Economy Today - Issue 148 - December 2014

The overview

• chancellor announces reform of residential stamp duty in autumn statement
• forecasts for near-term UK growth are raised
• newly released data shows London's economy grew faster than for the UK as a whole in 2013

Economic indicators

• firms in London increased their output of goods and services in November 2014
• November 2014 saw an increase in new orders for London firms
• surveyors expect house prices to fall over the next three months in London but to rise in England and Wales

London business survey 2014: main findings

• London is rated highly as a place to do business, though less favourably in terms of cost of living
• London businesses are optimistic about the economic outlook
• London businesss units are net exporters of goods and services

London’s Economy Today data on the Datastore

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