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Lending growth slows in August, BoE reveals

Published by admin on Tagged Finance, Loan, Loans, UK

The 12-month growth rate in lending to individuals in the UK slowed again in August, the Bank of England (BoE) has revealed.

According to the BoE, growth in the amount borrowed slowed to 6.2 per cent, while the three-month annualised growth rate declined by one per cent to 2.6 per cent.

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