London Quarterly Economic Survey Q4 2025
The final quarter of 2025 proved to be a testing period for London businesses. The Budget was widely seen as an opportunity for the government to provide much-needed certainty, and yet the only certainty delivered was higher costs. The Employment Rights Bill compounded existing concerns, leaving the business community without the stability it has long called for in order to take risks, invest, hire and expand.
This quarter’s fieldwork was conducted by Savanta between 17 October and 15 December 2025. A total of 504 London business leaders were surveyed, with data weighted to reflect the capital’s business population by size and sector.