Welcome to the first edition of The London Intelligence - telling London's story through data.
Analysing the latest data under five major themes – demography, economy, infrastructure and housing, society, health and environment – The London Intelligence tracks the trends transforming the capital.
The analysis suggests that Brexit may already be having an impact on the capital, with fewer Europeans coming here for work, a slowdown in job creation, a loss of momentum in business confidence and decelerating house price growth.
Demography
Registrations for National Insurance numbers by foreign nationals dropped by 15 per cent in Q1 of 2017, compared to the previous year. A drop in EU migration accounts for thee quarters of the total drop.
Economy
Unemployment in the capital was at a record low of 5.5 per cent in May 2017. This was 0.3 per cent lower than the same time in 2016. London’s unemployment rate is consistently higher than the UK’s, with the gap standing at 1.1 percentage points as of May 2017.
Housing
Year-on-year house price growth was below 3 per cent in April 2017 and in the two preceding months. This was the first time that price growth rates have dropped below 3 per cent since January 2012.
Society
1,146 knife crime incidents were reported in May 2017, having averaged over 1,000 per month since June 2016. This is compared to around 800 incidents during the previous year. Total crime rates were the highest they in Q1have been since 2012.
Health
The number of hospital admission rates in Q1 of 2017 had by 5.5 per cent compared to the same period in 2016. This reflects a longer-term trend of admissions running ahead of overall population growth in recent years.