Total lending to individuals increased by £3.8 billion in July, compared to the average of £5.1 billion over the previous six months. The three-month annualised and twelve-month growth rates were 3.7% and 4.1% respectively.
Lending secured on dwellings increased by £2.7 billion in July, compared to the average of £3.5 billion over the previous six months. The three-month annualised and twelve-month growth rates were 2.7% and 3.3%. Gross lending secured on dwellings was £19.6 billion and repayments were £17.4 billion.
Sterling is currently being traded around 1.3080 area. Pair is likely to find support around 1.3050 and resistance above 1.3130 level.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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