UK | A strong recovery across all regions, but worries remain
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 East and Northern Ireland. The South East and South West share the bottom spot with 6.9% growth, with London doing little better at 7.1%.
What you will learn from this report:
- London sees the largest increase in GVA over the period 2020-25
- The West Midlands has the smallest increase, having suffered very badly in 2020
- Differences in sector concentrations explain most of the variations in regional GVA declines in 2020 and are important going forward
- London’s key sectors performed better than nationally in 2020, helping the capital. Professional services were an exception
Tags:
Related Services
Post
Housing affordability lowest in Greek, Danish, and German cities
House prices across Europe have soared over the past decade, especially in cities. During this time, incomes in Europe have not kept pace with house price hikes on average, squeezing the purchasing power of homebuyers in many European cities.
Find Out More
Post
Parsing US federal job cuts by metro
Cuts to the Federal government workforce, which we estimate to be 200,000 in 2025, will have a modest impact nationally, but more significant implications for the Washington, DC metropolitan economy as it accounts for 17% of all non-military federal jobs in the US.
Find Out More