BBC NEWSAmericasAfricaEuropeMiddle EastSouth AsiaAsia Pacific
BBCiNEWS  SPORT  WEATHER  WORLD SERVICE  A-Z INDEX    

BBC News World Edition
 You are in: Business 
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
Business
E-Commerce
Economy
Market Data
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
News image
BBC Weather
News image
SERVICES
-------------
EDITIONS
Monday, 29 July, 2002, 10:12 GMT 11:12 UK
Britons' appetite for debt wanes
Britons' appetite for taking on debt waned in June, data has revealed.

The net level of consumer credit taken out in June hit �1.3bn, the Bank of England said.

The figure was �0.2bn lower than that in May, and below the expectations of financial analysts.

And the number of house loans approved last month fell to 105,000, almost 15% down on the May figure.

Following Office for National Statistics data showing two months of decline in High Street sales, and reports of a slowing growth in house prices, the figures will be closely analysed by economists.

But Bank statisticians warned that the data may have been skewed by the falling in June of the Golden Jubilee celebrations and the World Cup.

Will the UK economy feel the impact of the US slowdown?

Economic indicators

Analysis

UK rate decisions
See also:

25 Jul 02 | Business
25 Jul 02 | Business
28 Jun 02 | Business
27 Jun 02 | Business
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes