Major City Insights: London—May 2024

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Major City Insights: London—May 2024

10 min read

Author: The Conference Board of Canada


This publication focuses on the London metropolitan economy.

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This quarter, we look at how much measures to tame inflation have dampened consumer and business demand in London.

Will major construction projects such as Volkswagen’s new EV battery plant, along with federal funding to help build new homes, help to limit this year’s economic slowdown? How much will the gradual easing in interest rates expected later this year help to bolster consumer spending, employment, and the housing market? We share our outlook for London’s economy, including GDP, employment, and population growth.

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