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London no longer calling as population shock takes hold

The capital’s population is estimated to have tumbled by almost a tenth during the pandemic with huge consequences for its economy

Even when the last Covid restrictions are lifted from London, there may be a little less bustle on its streets and elbow-jostling at its drinking dens.

One startling estimate that has caught the eye of economists warned the capital’s population may have plunged by 700,000 during the pandemic. That would equate to an 8pc drop and be the first slump in London’s population in more than 30 years.

The capital has been the victim of decades-long migration trends suddenly reversing. But will that spell trouble for its economy?

London’s population has been hit by a double whammy of both native and foreign-born workers moving out as office work has shifted online and industries have been temporarily shuttered.

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