Eco Analysis - UK lending positive again but SME finance still weak (B. Hilliard)
The UK money and credit release showed mortgage approvals picking up much as expected - a slightly faster pace from 63.4k to 66.7k. This is still very low compared to all the hype about the housing boom though but further gains are certain to follow. Consumer credit was a little bit weak at only £0.4bn.
Showing posts with label Brian HILLIARD. Show all posts
Showing posts with label Brian HILLIARD. Show all posts
Tuesday, October 29, 2013
Tuesday, July 9, 2013
Eco Analysis - Mixed UK data but Q2 still looks strong (B. Hilliard)
Eco Analysis - Mixed UK data but Q2 still looks strong (B. Hilliard)
The UK data released today show the housing market revving up in response to the government's Help to Buy scheme. UK manufacturing output surprised with a sharp fall but Q2 GDP still looks on track for a strong gain of around 0.5% qoq.
The UK data released today show the housing market revving up in response to the government's Help to Buy scheme. UK manufacturing output surprised with a sharp fall but Q2 GDP still looks on track for a strong gain of around 0.5% qoq.
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