Posts Tagged ‘Consumers’
UK Consumers tend to pay more debt
Wednesday, September 29, 2010 14:40 No CommentsUK consumers redeemed more unsecured debt than they took in new loans in August, said the Bank of England. Net consumer credit – which includes credit card borrowing, overdrafts and personal loans – fell by 120 million pounds, the biggest decline since November 2009.
The figures come shortly after the bank’s deputy governor, Charlie Bean, savers [...]
