Economic Calendar

Monday, September 1, 2008

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

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By Mark Evans

Sept. 1 (Bloomberg) -- Following is a summary of lending to individuals for July from the Bank of England in London:


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July June May April March
2008 2008 2008 2008 2008
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Total Net Lending to Individuals 4,321 4,049 5,209 6,991 7,633

Mortgage Lending 3,231 3,143 3,787 5,944 6,385
Total Value of Approvals 14,572 16,575 18,203 22,411 23,345
No. of Applications (000's) 33 35 40 55 60

Consumer Credit 1,090 906 1,422 1,047 1,248
------------- Growth rates -----------------
Total Net Lending to Individuals
1 month 0.3% 0.3% 0.4% 0.5% 0.5%
3 month annualized 3.8% 4.6% 5.7% 6.9% 7.3%
12 month 6.9% 7.4% 8.0% 8.4% 8.7%
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July June May April March
2008 2008 2008 2008 2008
=============================================================================
Mortgage Lending
1 month 0.3% 0.3% 0.3% 0.5% 0.5%
3 month annualized 3.4% 4.4% 5.5% 6.7% 7.2%
12 month 6.9% 7.5% 8.2% 8.7% 9.1%

Consumer Credit
1 month 0.5% 0.4% 0.6% 0.5% 0.5%
3 month annualized 6.1% 6.0% 6.6% 8.1% 7.9%
12 month 6.8% 6.9% 7.1% 6.9% 7.0%
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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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