Let’s be optimistic about growth in 2026

Both government and business have set their stalls on the need for a sharp focus to improve the UK’s growth and productivity in 2026 and beyond.

It’s essential given so much of the country’s economic, social, and cultural ambitions are tied to this. 

As the UK’s biggest port, handling 1 million tonnes of cargo every week, the Port of London is on the front line of seeing and feeling that challenge. 

Most of you will know the headwinds we face. Very often this results in a discussion about growth which is weary to pessimistic. That, of course, does not help; instead we need to focus on opportunities with optimism.

 I hold that view because I’ve seen how investment and long-term decision making have helped the Port of London to become a centre for growth – with the port handling more trade last year than it has in 50 years. And I’m confident that will grow further. 

Global markets seem to agree. Terminals across the Port of London are expanding and new routes are opening – the latest seeing fresh produce shipped in directly from Morocco, more quickly and sustainably than it can be carried by road. 

And welcome commitment to invest in infrastructure – such as the Lower Thames Crossing – will also be a significant catalyst for connectivity to boost growth. 

The Port of London Authority plays a key part in leading and supporting this growth: the essential services we provide – from Vessel Traffic Services (the ‘air traffic control’ of the maritime world), to pilots who safely bring the world’s largest ships in and out of port – make sure the port is open 24/7 to markets all over the world. 

As the PLA has no shareholders, we are proud that the money we make is reinvested to care for and protect the tidal River Thames. Last year, for example, we were able to invest in clearing away the disgusting wet wipe island in Hammersmith, are supporting the electrification of vessels on the Thames, and using AI to monitor water quality in the estuary. 

So as we go into 2026, we will approach it optimistically, with further investment planned to grow port trade, support many more high-quality jobs, and provide resources for a wide range of projects that will benefit the great river and communities we serve.