Insufficient money supply looks like delaying economic recovery in the UK
Free Online Articles Directory
Why Submit Articles?
Top Authors
Top Articles
FAQ
AB Answers
Publish Article
0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Hello Guest
Login
Login via
Register
Hello
My Home
Sign Out
Email
Password
Remember me?
Lost Password?
Home Page > Finance > Real Estate > Insufficient money supply looks like delaying economic recovery in the UK
Insufficient money supply looks like delaying economic recovery in the UK
Edit Article |
Posted: Aug 10, 2009 |Comments: 0
|
]]>
Vicky Redwood, economist at Capital Economics, suggested that GDP growth would remain ‘sluggish’ following the recession, if credit flows do not improve from their current level.
The comments follow the release of M4 data for the year to June from the Bank of England last week.
This report showed that the household’s sectors holdings of M4 – a key measure of the amount of cash flowing around the economy – rose by £3.5 billion over June.
While this still represents a net rise, the rate of increase is significantly lower than in previous months – and brings the annual rate of growth down to £3 billion.
A separate report from the Bank also showed that total net lending to individuals fell from £500 million in May to £400 million in June.
Ms Redwood said: ‘[The figures are] worrying in terms of how quickly we can expect the economic recovery.
‘Unless lending growth starts to pick up I think recovery in the wider economy will certainly be very sluggish and drawn out.’
Annual growth in a key component of money supply slowed to its weakest since 1999 in the second quarter, Bank of England data showed today, just two days before the central bank decides whether to expand its quantitative easing programme.
M4 broad money supply growth, excluding holdings of intermediate other financial corporations, slowed to an annual rate of 3.1% in the second quarter of 2009 from a downwardly revised 3.8% in the first quarter.
The Bank has identified this subcomponent of M4 growth as a key gauge of whether its quantitative easing policy is boosting the money supply, because it strips out the volatile and sometimes inflated money holdings of firms such as clearing houses included in the overall M4 measure.
“It still shows that money growth is weak up to and including the second quarter,” said Philip Shaw, economist at Investec.
“If I was a policymaker, I wouldn’t take too much comfort from the quarterly trend, and look at the overall slowdown. The conclusion is that QE isn’t boosting money growth, though it’s early to be making a judgement,” he said.
When the Bank started buying billions of pounds of gilts and corporate debt with newly-created money in March, it said the aim was to boost the money supply to sustain spending and borrowing during Britain’s worst recession in decades.
Before the credit crunch, M4 excluding intermediate OFCs was growing at a year-on-year rate of around 10%, and during the downturn it has fallen much faster than standard M4.
On a quarter-on-quarter basis, M4 holdings of intermediate OFCs grew at an annualised rate of 3.7% in the second quarter of 2009 – an improvement from 3.1% in the first three months of the year, but below the 4.1% achieved in the last three months of 2009.
M4 lending to firms other than intermediate OFCs was also very weak, dropping to a year-on-year rate of 1.0%, its lowest in over a decade, from 2.8% in the first quarter.
But there was an improvement in quarter-on-quarter M4 lending growth excluding intermediate OFCs, with the annualised rate rising to 2.7% from 1.9%.
Retrieved from “http://www.articlesbase.com/real-estate-articles/insufficient-money-supply-looks-like-delaying-economic-recovery-in-the-uk-1114945.html”
(ArticlesBase SC #1114945)
Liked this article? Click here to publish it on your website or blog, it’s free and easy!
Ukbiz -
About the Author:
http://www.ukbusinessproperty.co.uk offer commercial agents important incentives to bring all their commercial properties to the whole market
]]>
Questions and Answers
Ask our experts your Real Estate related questions here…200 Characters left
In your opinion, will the economic recovery of China since late 2009 will promote economic growth in developing countries
How is the money supply controlled ?
I like your articles do you have anything on supply chain security etc. Thanks
Rate this Article
1
2
3
4
5
vote(s)
0 vote(s)
Feedback
RSS
Print
Email
Re-Publish
Source: http://www.articlesbase.com/real-estate-articles/insufficient-money-supply-looks-like-delaying-economic-recovery-in-the-uk-1114945.html
Article Tags:
commercial property, uk business properties, businesses for sale, commercial properties
Related Videos
Related Articles
Latest Real Estate Articles
More from Ukbiz
How to Understand Property Taxes
Tips and advice for personal finance from the Dolans. This video focus’ on how to understand property taxes. (02:54)
Rick otton uncovers new strategies property investment
Stop wondering why property investment seems out of reach New strategies for property investment that do away with the risk traditional associated with property investment New levels of speed and efficiency in profiting from the property market (04:08)
Expert Real Estate Tips – Wholesale Property Guide
http://tinyurl.com/yczkkvq
Description:
Find tips like real estate sales tips and expert real estate tips. Use these excellent tips in purchasing real estate with no money down. How to invest in real estate property has been explained clearly. Investing in real estate for beginners made easy. (03:23)
How to Make More Money – Real Estate Investment Education
Paving Prosperity with Real Estate investment education. (02:47)
How To Invest In Real Estate
Free expert real estate tips in how to invest in real estate property. Purchasing real estate with no money down using real estate sales tips. Use this great opportunity to expand your real estate investing profits. (02:29)
Commercial Property UK Ads in the Frontline at Low Cost Through Search4premises
Advertising commercial property in the UK can now be done in a few simple steps. Searching and posting commercial property classified ads are trouble-free too.
By:
Vikram kuamrl
Finance>
Real Estatel
Jun 10, 2008
Commercial bridging loan, mandatory for business settlement
Six months is the usual amount of time for the average lender.From my point of you the best possible way to adopt to escape from the heavy amount of interest is to pay the debt off as soon as possible through your savings and profits.
By:
John smithl
Business>
Business Ideasl
Jul 20, 2010
Lasalle Say UK Commerial Property is a Buy in 2009
The UK commercial property market has become best value in the world for investment, according to the annual strategy review by global property fund manager LaSalle Investment Management.
By:
Ukbizl
Finance>
Real Estatel
Feb 12, 2009
Commercial Property Investors See More Short Term Pain as Market Nears Bottom
Commercial property investors received another battering as a raft of bearish forecasts and store closures poured more gloom on the retail sector.
By:
Ukbizl
Finance>
Real Estatel
Feb 12, 2009
Commercial Property Development Activity Falling at Record Rate Say Savills
Savills’ November index of commercial development activity shows 13th monthly fall in a row
By:
Ukbizl
Finance>
Real Estatel
Feb 12, 2009
lViews: 180
Commercial Property Pundits Forsee Both 2009 and 2010 as Bleak Years
Asked what he expects from the commercial property market next year Ian Cullen, Founding Director, of IPD said: “The outlook for the commercial property market in 2009 is undoubtedly bleak. We’re not offering a forecast of X percent or Y percent, but the key question is the extent to which a full scale recession kicks in to further damage occupier demand….
By:
Ukbizl
Finance>
Real Estatel
Feb 12, 2009
An Introduction to Commercial Property
Commercial property is real estate market is planned to use by for-profit businesses, like workplace complexes, shopping malls, service stations and for other restaurants.
By:
Ron Victorl
Finance>
Real Estatel
Jun 29, 2007
Not All Doom and Gloom for London Commercial Property
The credit crunch has fully set in and experts have stated that we are on our way to a full blown recession. Real estate is at an all time low and London commercial property leasing and sales figures are at some of the lowest levels ever recorded.
By:
George Bankl
Finance>
Real Estatel
Dec 01, 2008
Edinburgh Council Sells Off Land To Cash In
Edinburgh Council is to sell off land and property in order to raise millions of pounds to firstly begin the development of the capital city and secondly to raise funds for new public projects.
By:
fiona daviesl
Finance>
Real Estatel
Jan 16, 2011
New Farmers Need Land Reform In Order To Get A Fair Deal
May 2011 witnesses the elections to the Scottish Parliament which will see the politicians finalising their policies. However according to Rog Wood of the Herald Scotland newspaper, they should take into consideration Scottish land reform.
By:
fiona daviesl
Finance>
Real Estatel
Jan 16, 2011
Vancouver Housing Market Stabilizes in November
In November of 2010, Canadian Real Estate Association reported stabilization in home resells. The house prices in Vancouver in 2010 increased by 2% over the previous year. Most local markets have reported increases in the average selling price. On the national scene, the average price rose from the growing pains in these markets. They also suffered due to slow sales from 2009.
By:
Nico Kurniawanl
Finance>
Real Estatel
Jan 16, 2011
Stop the Sheriff Sale Before it Starts
Do you know the best way to stop the sheriff sale before it begins? Learn what you must do and when you must do it.
By:
Jilll
Finance>
Real Estatel
Jan 15, 2011
Grow Your Business When You Refinance for Investment Property
The long-term interest rates have encouraged lots of people to try their hand at real estate these days. The good thing about purchasing houses is that they can be utilized for leasing; after all, people will still need a place to stay no matter what. The issue will come when market conditions modify the great terms made before a purchase.
By:
Jared T. Colemanl
Finance>
Real Estatel
Jan 15, 2011
Waxhaw NC Luxury Home Builders and the Top Selling Communities They’re Featured in!
Waxhaw NC Luxury Home Builders and a review of three top selling high end communities near Ballantyne in South Charlotte. Learn what your shopping dollar can get for you in the Waxhaw real estate market!
By:
Claude Crossl
Finance>
Real Estatel
Jan 15, 2011
Things To Consider When You Make Money At Real Estate
The primary reason why some people don’t get into the real estate business right away, much like in any other business, is because they’re afraid to simply jump in and end up making a big slip-up that they won’t manage to take themselves out from it any time things will go wrong. Therefore many people are still trying to figure out if it’s something worth risking their money for or if this is just going to end up being another disappointment.
By:
Claud Pearcel
Finance>
Real Estatel
Jan 15, 2011
5 Tips to Sell Your Inherited Property / Probate Property in Frederick, Maryland
This guide will include what steps to take to ensure a quick sale for your inherited property in Frederick, Maryland. We will briefly cover probate, preparation of the property, cooperation of heirs and the availability of immediate buyers. If you have recently inherited a property in the Frederick, Maryland area and wish to sell it, here are a few things to consider.
By:
We Buy Houses Frederick MDl
Finance>
Real Estatel
Jan 15, 2011
Demand For Buy-To-Let Residential Mortgages Increases
An increasing number of landlords are looking to acquire properties with buy-to-let residential mortgages, if recent suggestions are anything to go by.
By:
Ukbizl
Business>
Business Ideasl
Apr 16, 2010
Henrry Boot Swings To Loss In Fy2009 As Sales Drop 40%
Henry Boot Plc, the Sheffield -based developer and contractor has announced it swung pre-tax loss for FY 2009 ended 31st December, of £11.9 million, after a revaluation deficit of £22.4 million was taken into account. In 2008 it made a pre-tax profit of £19.3 million.
By:
Ukbizl
Business>
Business Ideasl
Mar 30, 2010
M&b To Move Towards Being A Food-Led Business Based In Leisure Parks
Mitchells & Butlers today published the results of a strategic review of the business, the conclusions of which have been adopted as operating policy immediately. The review takes place after Joe Lewis, the largest shareholder had installed John Lovering as Chairman after the dramatic AGM in January.
By:
Ukbizl
Business>
Business Ideasl
Mar 30, 2010
Songbird Estates Swing To Profit In Fy 2009 After Massive Losses The Year Before
Songbird Estates Plc, owner of the Canary Wharf Estate, today reported a move to full year pretax profit and said its adjusted net asset value per share was up on the previous year.
By:
Ukbizl
Business>
Business Ideasl
Mar 30, 2010
Barratt Report H1 Loss But Expect Significant H2 Improvement
Barratt Developments Plc, the U.K.’s largest house builder by volume, today said it made a H1 pre-tax loss of £48.5 million before exceptional items, but expects significantly better margins in the second half of the year after improving its trading performance in the first half.
By:
Ukbizl
Business>
Business Ideasl
Mar 10, 2010
Galliford Try With H1 Profits Up On Reduced Sales Expects Further Improvement In H2
Galliford Try Plc today reported it’s H1 results, despite revenues down 26% on last year to £570 million, it’s pre-tax profits (pre-exceptional costs) increased by £2 million to £13.2 million.
By:
Ukbizl
Business>
Business Ideasl
Mar 10, 2010
Segro Fy2009 Nav Down 21% On 2008 As Vacancy Levels Rise
Segro Plc, Europe’s largest industrial landlord, today said it’s in a strong position and is well placed to benefit from any recovery, but that it remains cautious about occupier markets, particularly in the U.K.
By:
Ukbizl
Business>
Business Ideasl
Mar 10, 2010
Business Property Owners ‘need To Check Rateable Values’
Owners of business property need to make sure they check their rateable values in anticipation of the new business rates due to come into force at the start of April.
By:
Ukbizl
Business>
Business Ideasl
Mar 10, 2010
Add new Comment
Your Name: *
Your Email:
Comment Body: *
Verification code:*
* Required fields
Submit
Your Articles Here
It’s Free and easy
Sign Up Today
Author Navigation
My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder
My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box
Ukbiz has 51 articles online
Contact Author
Subscribe to RSS
Print article
Send to friend
Re-Publish article
Articles Categories
All Categories
Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing
Finance
Accounting
Banking
Credit
Currency Trading
Day Trading
Debt Consolidation
Insurance
Investing
Loans
Mortgage
Personal Finance
Real Estate
Taxes
Wealth Building
]]>
Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog
Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Mobile Version
Webmasters
RSS Builder
RSS
Link to Us
Business Info
Advertising
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2011 Free Articles by ArticlesBase.com, All rights reserved.
http://www.ukbusinessproperty.co.uk offer commercial agents important incentives to bring all their commercial properties to the whole market