Economic context

A basic analysis of London's place in the global economy has been set out in Chapter 1. In the long term London is expected to continue to grow at or above the national trend and make increasingly important net contributions to the national exchequer and national exports, especially through its service sectors.

London's overseas exports of goods and services are currently estimated to be £37 billion and financial and business services account for around £15.5 billion.

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• 3B.1 Developing London's economy