
ALT GLA Economics’ 48th London forecast suggests that: London's real Gross Value Added (GVA) is forecast to grow by 1.7% in 2026, 2.0% in 2027, and 2.1% in 2028. London's workforce jobs (WFJ) are projected to grow by 0.5% in 2026, 0.8% in 2027, and 1.0% in 2028. Household income is expected to grow by 1.2% in 2026, 1.3% in 2027, and 1.5% in 2028.

ALT Estimates by GLA Economics suggest a modest strengthening of economic growth in London over the last two years, with real GVA expected to have risen by 1.1% in 2024 and 1.9% in 2025. Historically, economic growth in London has tended to outperform the UK’s, reflecting its position as the country’s economic engine. In recent years, however, this advantage has narrowed. London’s cumulative recovery from the pandemic has lagged behind that of the UK overall. GVA in 2025 was estimated to be 5.1% above its pre‑pandemic 2019 level, compared with 5.9% for the UK as a whole.

ALT In London, life expectancy at birth in 2023-25 for males stood at 80.7 years, and for females it was 84.9 years, a slight increase on the previous period of 2022-24 (80.5 and 84.7 years, respectively). This increase continued to raise life expectancy to levels higher than those before the pandemic. Life expectancy in London is higher than that for England which was 79.7 years for males and 83.5 for females in 2023-25. This has been the case for males since 2005-07 and for females since 2001-03. However, there is significant variation in life expectancy by local authority in London. In 2023-25, life expectancy for males ranged from 78.2 in Barking and Dagenham and Hackney to 83.3 in Kensington and Chelsea. For females it ranged from 82.2 in Barking and Dagenham to 87.2 in Richmond upon Thames. Barking and Dagenham was the only borough for which life expectancy was significantly below the national average for both males and females.




