11 November 2019

UK Quarterly Industry Report: Q3 2019

Written By Markus Kuger, Dun & Bradstreet Chief Economist in Data & Analytics

UK Quarterly Industry Report: Q3 2019

Download our full UK Industry report below for additional insights on the UK economic outlook, a deep dive on trends in corporate liquidations and payments performance, as well as recommendations from our expert economist team.

Summary:

Dun & Bradstreet forecasts that real GDP growth will expand by around 1.0%, followed by 1.3% in 2020 (assuming a managed exit from the EU). These would be the lowest growth figures since the financial crisis in 2008-09.
 

A surprising statistic is that prompt payments improved in the third quarter of 2019, painting a picture of microeconomic strength, the number of corporate liquidations remained almost stable in the same period. In July-September, Dun & Bradstreet recorded 4,086 corporate liquidations, up by a marginal 0.7% y/y but down by 0.7% q/q. This follows very small changes in Q2 2019 which means that for two quarters in a row, the risk of non-payment in the UK has remained unchanged.

Download the report here.

Up Next ...
21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

21 November 2024

Machine Learning: Revolutionizing Fraud Detection in Banking

These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...

21 November 2024

MeaWallet Partners with Integrated Finance to Enhance Digital Wallet and Secure Card Data Access for Fintechs

The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs

20 November 2024

Atome Financial Secures $200M Credit Facility to Drive Growth

Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...

More in Data & Analytics

Visa launches AI advisory practice to enhance client capabilities

13 November 2023

Visa has established an AI Advisory Practice, a move aimed ...

Open Data platform Okredo enters the UK Market

17 January 2023

Chance for small businesses to access open data amid political ...

Data business 9fin raises £19mn

12 December 2022

9fin, a London based analytics platform for debt capital markets, ...

Zumo hires first Chief Data & Analytics Officer

08 December 2022

Zumo, a cryptocurrency platform based in Scotland, has hired a ...

Articles Data & Analytics

Data: Poison or cure?

27 May 2021

How data intelligence is the cure for complex compliance.One person’s poison is another’s cure. Data...

Podcasts Data & Analytics

How data can help you get started with ESG

11 May 2021

For many organisations, ESG, that’s environmental social and corporate governance is becoming increa...

White Papers Data & Analytics

Building Better Credit: How alternative data and partnerships can reshape banking

15 March 2021

A multi-generational shift towards mobile banking has altered the data that banks can use to underst...

Thought Leadership Data & Analytics

How Data Is Earning Its Place in Insurance Corporate Strategies

08 December 2020

Insurance Leaders Unveil How Their Corporate Strategies Are Influenced by the Rise of Data and Digit...

There are no Events in this category