The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Monday. The number of mortgages approvals in the U.K. was up to 74,581 in January from 71,335 in December, exceeding expectations for an increase to 73,600. December's figure was revised up from 70,837.

Consumer credit in the U.K. rose by £1.564 billion in January, beating expectations for an £1.300 billion increase, after a £1.148 billion gain in December. December's figure was revised down from £1.169 billion.

Net lending to individuals in the U.K. increased by £5.3 billion in January, after a £4.3 billion gain in December. December's figure was revised down from a £4.4 rise.