LONDON (Reuters) – British consumers increased their borrowing in November by the most since July 2020, Bank of England data showed on Tuesday.
Consumer credit rose by a net 1.233 billion pounds ($1.67 billion), stronger than a median forecast in a Reuters poll of economy for a rise of 800 million pounds.
The data also showed mortgage approvals in Britain in November were the lowest since June 2020 after the expiry of a tax break for home buyers.
($1 = 0.7403 pounds)
(Reporting by William Schomberg, editing by David Milliken)
