The Bank of England has recently reported that the level of lending to businesses in the UK has been falling. The figures were released in the central bank’s recently released Trends in Lending report, and showed that in October there had been a slightly bigger fall in lending to businesses than in the previous month. (more…)
Tags: economist, The Bank of England, credit crunch, Stock market crashes, lending to business, Financial crises, bank lendingFigures that were recently released by the Council of Mortgage Lenders have shown that there was a month on month increase in mortgage lending for the month of October, with mortgage lending for the month rising by around 5 percent compared to September. (more…)
Tags: Danish mortgage market, Financial economics, bank of england, Subprime crisis impact timeline, interest ratesRecent figures have shown that whist mortgage lending was up in October compared to September it appears that the residents of Great Britain are keeping focussed on paying off as much debt as possible. (more…)
Tags: Credit card, loan, Global Insight, economist, Howard Archer, debt, Debt settlement, credit, debt consolidation