• London’s economy the slowest out of the first Lockdown and the capital’s unemployment the highest in the UK May, 2021

    Official ONS figures for an earlier period which reflects the economy opening up after the first lockdown show the region’s performance relative to other parts of the UK. These stats compare GDP in the quarter ended September 2020 with the same quarter a year earlier. These showed that London’s growth was -7.6% compared with -16.3% the previous quarter. This placed London seventh (previous ranking first) out of the twelve UK ‘regions’. Northern Ireland topped the table with growth of -2.9% whilst UK growth over the same period was -7.5%. The West Midlands was bottom, posting growth of -11.3%. In the same report, the...