UK: Mortgage Approvals increase to 70.758K in November (Barcelona) - UK Mortgage Approvals rose to 70.758K in November, from 68.029K registered the previous month, according to the BoE report published today. The result is slightly higher than forecasts of an increase to 69.000K.

Consumer Credit rose to £0.627B in November from £0.457B in October and below market consensus of £0.700B.

Net Lending to Individuals decreased in November to £1.5B in comparison with £1.7B in October and against analysts expectations of a rise to £2.0B.