• Bank of England’s quarterly Credit Conditions Survey: consumer credit continues to rise strongly

Market news

13 April 2016

Bank of England’s quarterly Credit Conditions Survey: consumer credit continues to rise strongly

The Bank of England released its quarterly Credit Conditions Survey on Wednesday. Consumer credit continued to rise strongly in the three months to February, mainly driven by the increased provision of car finance.

According to the report, mortgage lending increased in the recent months.

Net lending to UK non-financial businesses was positive in the three months to February 2016, the central bank said.

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