Humpty Dumpty have a great Fall.

United Kingdom was proud enough for many decades, in the growth and promise it produced from two key industries. One being the financial services while the other being manufacturing of automobiles. Both industries generated huge revenues and inturn contributed positively to the GDP of the nation. Unemployment was reduced and being a financial capital, it provided jobs for many from foreign lands.

But statistics has drastically changed today affecting major businesses in UK. Increasing availability of loans to the car industry had led to a consistent growth in demand, while improving technology and growing mass production resulted in a massive expansion in supply. This continued to the point of overproduction so that, when consumer confidence disappeared thousands of cars are sitting unsold.

Britain no longer exports raw materials like wool and coal, which it did during post-war. The nation is purely dependent on third world countries for its primary and secondary manufacturing needs not being able to compete with them. It is a relatively poor nation in natural resources like land and metals compared to USA. Thus is depends on regions where these resources are found cheaply.

The Government is taking measures to save the sinking manufacturing and financial sector by different bail out stimulus. But how could an industry boast of supply when there is no demand? One hopes that after the economy improves, there would be better sales margin but the Government needs to also address the issue of raising unemployment.

All the King’s (MR. Gordon Brown) horses and all the kings Men are trying to put Humpty and Dumpty together again!

(Picture Courtesy: http://www.telegraph.co.uk/telegraph/multimedia/archive/01211/new-cars_1211454c.jpg)