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Britons less keen to pay down debt with savings

Published Wed, Jan 1, 2014 · 10:00 PM
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[LONDON] Britons were less inclined to use savings to pay down mortgage debt in the third quarter, data showed on Monday, adding to signs of improving consumer confidence as house prices rise and the job market recovers.

Homeowners put £10.4 billion (S$21.75 billion) of equity into their homes in the quarter, the Bank of England figures showed - more than £2 billion le…

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