UK manufacturing – dependency on consumer credit: The next financial crisis?
- Pages: 19
- Published: December 2014
- Report Code: ML00017-077
The manufacturing sector is diverse, comprising a wide-ranging number of different industries, technologies and activities. The sector suffered another major blow in 2008 but it managed to recover to its pre-crisis level in 2013. The access of households to a new wave of credit has pushed up demand for manufactured goods within the United Kingdom after the Great Recession.
Describes the measures the Bank of England (BoE) has taken to tackle the economic slowdown.
Analyzes the impact that the BoE's measures on the manufacturing sector
Reasons to buyHow has the Bank of England (BoE) responded to the recent economic crisis?
Has the monetary policy from the Bank of England (BoE) been effective in dragging the manufacturing sector out of recession?
What is Quantitative Easing?
How have macroeconomic policies impacted the UK manufacturing sector and why?
Table of Contents
UK MANUFACTURING COMEBACK SUPPORTED BY CREDIT EXPANSION
New cycle of household debt
Help to buy a car scheme
Short term decline of the real side of the economy
Creation of a new cycle of business debt
Snapshot of the manufacturing sector in the long run
More manufacturing, less debt!
Ask the analyst
List of Tables
List of Figures