United Kingdom

Saving And Loans News Headlines

Consumer lending growth in May slowest since 2015 - BBA

British consumers increased their borrowing at the slowest pace in more than a year-and-a-half in May and banks offered fewer mortgages, data from the country's banking industry showed on Monday, adding to signs of a slowdown in the economy.

Haldane blows open Bank of England rate debate

The Bank of England moved closer to ending its decade-long emergency support for Britain's economy on Wednesday when its chief economist, Andy Haldane, said he was likely to vote for an interest rate hike this year.