U.K. Net Lending Improves

23 Dec 2011

Annual growth of net lending by the U.K.’s high street banks was 1.4% in November, well above the annual market growth of 0.6% for mortgage lending by all lenders in the preceding month, according to the British Bankers Association.

Annual growth of net lending by the U.K.’s high street banks was 1.4% in November, well above the annual market growth of 0.6% for mortgage lending by all lenders in the preceding month, according to the British Bankers Association. The BBA also reports that gross lending last month ...

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