Prior 47.38k; revised to 47.89k Net consumer credit £2.0 billion vs £1.4 billion expectedPrior £1.3 billion; revised to £1.4 billionMortgage lending to individuals was at net zero in November compared to £0.1 billion of net repayments in October. The annual growth for net mortgage lending fell further to 0.3% - its lowest since the series began in 1994. Meanwhile, annual consumer credit growth continued to increase - now seen at 8.6%, its highest since September 2018. This article was written by Justin Low at www.forexlive.com.
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