|British geographic area||Number of loans||per cent of total|
|Central & better London||796,202||15.0percent|
|East of England||484,780||9.1percent|
|Yorkshire in addition to Humber||458,486||8.6%|
Supply: FCA Product Sales Data
More loans per capita within the North of England
If the final number of loans is contextualised in accordance with the adult populace residing in each area (18 years old and over), the North western gets the number that is largest of loans originated per 1,000 adult populace (125 loans), followed closely by the North East (118 loans). In comparison, Northern Ireland has the best (74 loans). The fact that Credit Unions are far more widely used in Northern Ireland may be a factor right here. Our analysis, but, will not let us establish what causes the united kingdom area that is geographical.
Normal worth of loans is leaner into the North of England and greater in London
Figure 4 demonstrates that better London not merely has more loans as a whole, nevertheless the value of every loan is an average of greater (ВЈ284) compared to other geographical regions of the UK (UK average = ВЈ250).