UK Trend GDP Growth

UK policymakers remain unsure about the full impact of the financial crisis on supply trends….
“Even if the pattern of demand were to rebalance quickly it would take time for the economy’s supply potential to do so. It was also possible that weaknesses in the financial system were limiting the speed at which capital could be reallocated between different activities and that this could impair the economy’s underlying growth rate now or in future.” MPC Minutes, 21 Sep 2011