Lending Figures to Send Mixed Signals

Mail on SundayMay 29, 2011

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Summary


DOWNBEAT figures for mortgage lending and consumer credit are expected on Wednesday - but while some will be alarmed, others see them as a sign that Britain is finally paying down the excessive debts of the past decade.

The Bank of England figures for April are likely to show home- loan business in the doldrums and may even disclose a net repayment of consumer borrowing.

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Lending Figures to Send Mixed Signals

But while many in the City fear that weak figures...

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