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Country Report UK

 

 

Summary of Country Report

UK - September 2011


 

The sluggish performance continues – downward revision of growth forecasts

  • UK GDP forecast revised downwards to 1.2% in 2011 and 1.8% in 2012 
     
  • Private consumption will contract by 0.4% in 2011, and manufacturing growth to slow down as foreign demand is decreasing
     
  • No insolvency decrease in 2011 as expected earlier this year
     
  • Default risk for UK listed companies increased again in August 2011 
     

Insolvency trends: United Kingdom
(1-year trailing sum of insolvency counts based on quarterly data)

Insolvency trends: United Kingdom

Source: Global Insight, The Insolvency Service.
 

 

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General Information

Population - 62 million

 
Main import sources (2010)

  • Germany - 12.4%  
  • China - 8.4%
  • USA - 7.6%
  • The Netherlands - 7.3%
  • France - 6.0%

Main export markets (2010)

  • USA - 14.3%
  • Germany - 10.5%
  • The Netherlands - 8.0%
  • France - 7.2%
  • Ireland - 6.4%

 _________________
Date September 
2011

 

 

 

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