High-frequency data on numbers of employees and median pay suggest that the Covid-19 pandemic has not made the ‘north-south divide’ wider. Our short...
Richard Holt

Recent Posts
London Monitor | The July ‘ pingdemic ’ did not derail London economic expansion
Posted by Richard Holt on Sep 6, 2021
Although the ‘ pingdemic ’ in July raised concerns about the UK economic recovery, the evidence is that activity has continued to expand, even if the...
London Monitor | London to grow by 7.1% as most remaining restrictions are eased
Posted by Richard Holt on Aug 9, 2021
Rising coronavirus cases have resulted in London moving further from normality throughout June and into July. London’s normality score in mid-July...
UK | A strong recovery across all regions, but worries remain
Posted by Richard Holt on Aug 4, 2021
The region with the strongest forecast GVA rise in 2021 is the East Midlands, with an 8.2% increase, closely followed by the West Midlands, North...
London Monitor | The economy is moving forward despite a rise in Covid cases
Posted by Richard Holt on Jul 7, 2021
There has been a rise in Covid 19 cases , exacerbated by the more transmissible Delta variant. As a result, the Oxford Economics Normality Tracker...
Global | Mid-2021: the evolving outlook for cities around the world
Posted by Richard Holt on Jun 22, 2021
We will publish our latest city forecasts at the end of June, showing that for the world’s major cities, 2020’s GDP declines will be mostly reversed...
UK | London’s economy to grow
Posted by Richard Holt on Jun 7, 2021
London’s business activity continued to improve in April, according to the IHS Markit Purchasing Manager’s Index (PMI), and business confidence was...
London monitor | London to grow by 6.7%, as signs of recovery emerge
Posted by Richard Holt on May 13, 2021
Our Oxford Economics Normality Tracker shows that London’s return to “normality” may have slowed recently. But we nevertheless forecast that GVA in...
UK | London Monitor: London taking small steps on the path to recovery
Posted by Richard Holt on Apr 8, 2021
Our Oxford Economics Normality Tracker improved in March, reflecting a fall in Covid cases, thanks to the January lockdown.This has occurred at a...
European Cities Outlook: Only seven major cities return to pre-Covid GDP levels in 2021
Posted by Richard Holt on Mar 31, 2021
We forecast that seven out of Europe’s top 30 cities will see their GDP return to pre-pandemic levels in 2021. The rest will have to wait until 2022,...