Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum Opinion Paul Johnson, former director of the Institute for Fiscal Studies and Robert Johnson of the Centre for Cities analyse the economic impact of Brexit and its promise of deregulation and growth Since the Brexit referendum of 2016, and since actually leaving the EU in January 2021, the UK’s economic performance has been feeble. On a [...]
‘Good growth in every postcode’? Not in Greater Manchester Economics Greater Manchester’s relative growth success story has not translated into a boom in earnings or income for people in outer boroughs, according to a new report. Oxford Economics research has suggested that “exceptional economic growth” has not translated into higher earnings or income growth around the region. Economists said high levels of inactivity and the [...]
London, Oxford and Cambridge suffer steepest housing cost burden Property Londoners spend more on rent and housing than anywhere else in the country, according to a new report which highlights the economic cost of the capital’s housing crisis. The research found that residents of London spend 19 per cent of their outgoings on housing on average, although it noted that many renters and young homeowners [...]
How tube strikes will stretch London’s infrastructure – and patience – to the limit September 2, 2025 From Sunday evening tube drivers are going on strike, and while the Elizabeth Line will continue to run other London Underground lines – as well as the Docklands Light Railway (DLR) – will pack it in for five days. Transport for London (TfL) put a 3.4 per cent pay rise on the table, which was [...]
London won’t come close to 88,000 homes a year by 2029 June 24, 2025 London’s housing crisis exists on a spectrum, from the weary resignation of young professionals, first-time buyers and university students – to an acute, impossible state of affairs for those stuck in mouldy homes or unable to pay rent. Few disagree that a housing crisis exists, and few can find good reasons to lament the government’s [...]
London’s flexible office workers shift to four days a week December 16, 2024 Workers in London’s flexible office space have increased the number of days at their desk, despite sentiment that Londoners were unlikely to return to pre-covid working patterns. Three quarters of workers in flexible offices now use the working space at least four days a week, according to fresh data from Knight Frank. This comes amid [...]