There are two factors explaining this. Omicron stifled activity in December 2021 and the opening part of the new year, leading us to downgrade our...
Richard Holt

Recent Posts
The Levelling Up White Paper contains nothing to cause us to revise our forecasts for the UK’s various nations and regions, let alone the UK as a...
Global | Key Themes for Cities in 2022
Posted by Richard Holt on Jan 24, 2022
Against a helpful macroeconomic background, albeit with risks, city economies will continue to recover in 2022. GDP growth will mostly be slower than...
London monitor | The London economy was growing strongly when Omicron hit
Posted by Richard Holt on Jan 7, 2022
The latest data point to a strong recovery underway in London in Q4 2021. But this pace of expansion will have been hit by the Omicron Covid-19...
Asia Pacific Cities | We forecast further recovery in 2022, but clearly with some big risks
Posted by Richard Holt on Dec 21, 2021
We project that Asia Pacific’s 25 leading cities experience on average 4.5% GDP growth in 2022, and 4.1% over the five years 2022-26, although there...
London Monitor | London continues to recover. But the path just got a bit rockier.
Posted by Richard Holt on Dec 7, 2021
We have lowered our Greater London GDP forecast to 5.4% in 2022 after 5.7% in 2021. Inner London sees 5.5% growth in both years. This reflects the...
London Monitor | Growth held back by national factors and low visitor numbers
Posted by Richard Holt on Nov 5, 2021
The easy gains from re opening the London economy have now mostly been realised, and the visitor economy is still weak. Meanwhile, mounting pressures...
Global | US tech cities compete with Chinese rivals for top spot
Posted by Richard Holt on Oct 27, 2021
We forecast that over the period 2020-22 Shenzhen will be the fastest growing of the world’s major cities, not only in terms of GDP growth, but also...
APAC | Indian cities will lead APAC's city GDP growth rankings in 2022
Posted by Richard Holt on Oct 11, 2021
Across APAC, many cities have similar stories to tell—of 2021 economic growth being frustrated by the reimposition of lockdowns, and of recovery...
London Monitor | London’s employment set to rise this year
Posted by Richard Holt on Oct 5, 2021
Continued strength in the latest labour market data has led us to strengthen our London employment forecast. We now expect workplace based employment...