Economic Calendar

Monday, September 29, 2008

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

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By Mark Evans

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



=============================================================================
Aug. July June May April
2008 2008 2008 2008 2008
=============================================================================
Total Net Lending to Individuals 1,379 4,049 3,732 4,943 6,622

Mortgage Lending 143 2,998 2,563 3,690 5,604
Total Value of Approvals 13,612 14,554 16,455 18,056 22,283
No. of Applications (000's) 32 33 35 40 55

Consumer Credit 1,236 1,051 1,169 1,253 1,018
------------- Growth rates -----------------
Total Net Lending to Individuals
1 month 0.1% 0.3% 0.3% 0.3% 0.5%
3 month annualized 2.6% 3.6% 4.3% 5.6% 6.8%
12 month 6.2% 6.9% 7.4% 8.0% 8.4%
=============================================================================
Aug. July June May April
2008 2008 2008 2008 2008
=============================================================================
Mortgage Lending
1 month 0.0% 0.2% 0.2% 0.3% 0.5%
3 month annualized 1.9% 3.1% 4.0% 5.3% 6.5%
12 month 6.0% 6.9% 7.5% 8.1% 8.7%

Consumer Credit
1 month 0.5% 0.5% 0.5% 0.5% 0.4%
3 month annualized 6.1% 6.2% 6.1% 6.9% 8.1%
12 month 6.8% 6.9% 6.9% 7.0% 6.8%
=============================================================================

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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