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KM Financial Solutions | UK consumer lending growth slows again to weakest in over 5 years – BoE
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UK consumer lending growth slows again to weakest in over 5 years – BoE

29 Sep UK consumer lending growth slows again to weakest in over 5 years – BoE

Posted at 08:30h in News by
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Lending to British consumers slowed to its weakest rate in more than five years in August, adding to signs that household demand may be softening in the run-up to Britain’s departure from the European Union, Bank of England figures showed on Monday.
The BoE data showed the growth rate in unsecured consumer lending fell to 5.4% in the year to August from 5.6% in July, its weakest annual growth rate since March 2014.
Consumer demand has been relatively robust si

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