Net lending increases: Bank of England figures

Net lending to individuals in Britain grew by £0.7 billion ($1.16 billion) in September, taking the 3-month annualised growth rate up by a tenth of a percentage point to 0.3%, Bank of England lending figures released on Thursday showed.

The number of mortgage loan approvals in September increased by approximately 6% from August, while approvals for remortgaging declined by 9%. Consumer credit fell by £0.3 billion.

The Bank of England published these figures on 29 October.

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