Latest lending data now out
– 69.9k prev revised up from 69.6k
– net consumer credit GBP +1.5bln vs +1.3bln exp vs +1.2bln prev
– net lending secured on dwellings +£3.9bln vs +3.6bln exp/prev
I’m not liking that rise in consumer credit but then neither am I surprised as I have repeatedly highlighted that for a while