Economic Calendar

Tuesday, July 29, 2008

U.K. June Lending to Individuals: Summary (Table)

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By Mark Evans

July 29 (Bloomberg) -- Following is a summary of lending to individuals for June from the Bank of England in London:


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June May April March Feb.
2008 2008 2008 2008 2008
=============================================================================
Total Net Lending to Individuals 3,973 5,067 6,950 7,505 9,222

Mortgage Lending 3,102 3,776 5,880 6,317 7,014
Total Value of Approvals 16,768 18,554 22,992 23,770 26,311
No. of Applications (000's) 36 41 57 62 70

Consumer Credit 872 1,290 1,070 1,188 2,208
------------- Growth rates -----------------
Total Net Lending to Individuals
1 month 0.3% 0.4% 0.5% 0.5% 0.7%
3 month annualized 4.5% 5.6% 6.9% 7.2% 7.6%
12 month 7.4% 8.0% 8.4% 8.7% 9.0%
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June May April March Feb.
2008 2008 2008 2008 2008
=============================================================================
Mortgage Lending
1 month 0.3% 0.3% 0.5% 0.5% 0.6%
3 month annualized 4.3% 5.5% 6.6% 7.1% 7.7%
12 month 7.5% 8.2% 8.7% 9.1% 9.4%

Consumer Credit
1 month 0.4% 0.6% 0.5% 0.5% 1.0%
3 month annualized 5.7% 6.3% 8.1% 7.7% 6.7%
12 month 6.8% 7.0% 6.8% 7.0% 6.8%
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Note: All levels (except approvals 000's) are in millions of pounds.

To contact the reporter on this story: Mark Evans in London at mevans8@bloomberg.net




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