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Current Economic Situation: London

Thursday 31 October, 2013

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Domestic demand

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Export demand

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London businesses’ exporting activity

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• 46% of London firms currently export (down from 48% in 2012)

• Above national average of 39% • 59% have increased export sales and 50% have

increased export profitability over the last 12 months

• Export destinations: 72% EU, 64% Middle East and Africa, 61% Asia

Confidence

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Labour market

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Cost pressures

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