Bank of England lending data show housing market gathers paceDollar sell-off slows as Fed is expected to maintain ultra-supportive monetary policy to help economy 12.05pm BST Here’s more analysis of the Bank of England lending data, from Paul Dales, chief UK economist at Capital Economics.The signs that firms did not rush quite as fast to take on more debt i […]
Rolling coverage of the latest economic and financial newsLatest: Just 9,300 UK mortgages approved in MayMortgages approvals down 90% (!) since FebruaryEconomists: Lenders and borrowers both nervousEarlier:World stock markets have hit a two-week lowCoronavirus – latest updatesSee all our coronavirus coverage 1.26pm BST With mortgage lenders getting more caut […]
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