quantitative easing measures. The injection of new money supply to help kick start the economy has seen a huge increase in lending to businesses in March 2020. Key sectors including the construction, manufacturing, real estate and transport industries are looking to take advantage of the record low bank base interest rate set by the Bank of England.
The ongoing economic effects caused by the Covid-19 pandemic have seen the Bank of England forced into Headline flow of borrowing by non-financial industries in the United Kingdom (UK) from January 2013 to June 2020, by key sector (in million GBP)
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Bank of England. (August 31, 2020). Headline flow of borrowing by non-financial industries in the United Kingdom (UK) from January 2013 to June 2020, by key sector (in million GBP) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/1117100/headline-flow-in-lending-to-businesses-in-the-united-kingdom-by-key-sector/
Bank of England. "Headline flow of borrowing by non-financial industries in the United Kingdom (UK) from January 2013 to June 2020, by key sector (in million GBP)." Chart. August 31, 2020. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/1117100/headline-flow-in-lending-to-businesses-in-the-united-kingdom-by-key-sector/
Bank of England. (2020). Headline flow of borrowing by non-financial industries in the United Kingdom (UK) from January 2013 to June 2020, by key sector (in million GBP). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/1117100/headline-flow-in-lending-to-businesses-in-the-united-kingdom-by-key-sector/
Bank of England. "Headline Flow of Borrowing by Non-financial Industries in The United Kingdom (Uk) from January 2013 to June 2020, by Key Sector (in Million Gbp)." Statista, Statista Inc., 31 Aug 2020, https://www.statista.com/statistics/1117100/headline-flow-in-lending-to-businesses-in-the-united-kingdom-by-key-sector/
Bank of England, Headline flow of borrowing by non-financial industries in the United Kingdom (UK) from January 2013 to June 2020, by key sector (in million GBP) Statista, https://www.statista.com/statistics/1117100/headline-flow-in-lending-to-businesses-in-the-united-kingdom-by-key-sector/ (last visited May 21, 2022)