Survey of London businesses on behalf of the LCCI on economic performance.
- Domestic demand figures bounced back during Q4 2016, but remain negative overall, as more businesses reported a decline than an increase in both domestic sales and orders.
- Export demand continued to fall during Q4 2016, with both sales and orders reaching their lowest recorded Capital 500 level.
- The Capital 500 employment figures picked up during Q4 2016, following record lows in the previous quarter.
- Following a decline during the previous two quarters, there has been an increase in the number of companies planning to invest in training during Q4 2016.
- For all analysed business costs, more companies reported an increase than a decrease during Q4 2016. In addition, all balance figures went up compared to last quarter.
- The balance for both cashflow and investment in plant and equipment improved compared to last quarter, but remained negative overall.
- Capital 500 companies’ expectations for the next 12 months stabilised during Q4 2016.
- Following five consecutive quarters of declining balance figures, there has been an uptick in expectations for the UK as well as the London economy.
Date Published: 04/01/2017
Categories: Business | Economy | Economy | Professionals
Client: London Chamber of Commerce and Industry (LCCI)
ComRes interviewed 502 London business decision makers online between 2nd November and 22nd November 2016. Data were
weighted to be representative of all London businesses by company size and broad industry sector.