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GLA Economics’ twenty third London forecast suggests that:
- London’s Gross Value Added (GVA) growth rate should be 2.2 per cent in 2013. Growth should increase to 2.5 per cent in both 2014 and 2015.
- London is likely to see a reasonable rise in employment in 2013, 2014 and 2015.
- London household income and spending will both probably increase over the forecast period.
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LEO-autumn-2013.pdf