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UK mortgage approvals hit 2-year high

Tuesday, March 1, 2016 - 05:50

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BRITISH mortgage approvals hit a two-year high in January and consumer credit expanded at the fastest pace in a decade, according to Bank of England data that is likely to add to the case for a tightening of lending requirements by the central bank.

London

BRITISH mortgage approvals hit a two-year high in January and consumer credit expanded at the fastest pace in a decade, according to Bank of England data that is likely to add to the case for a tightening of lending requirements by the central bank.

Mortgage approvals for

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