UK Consumer Credit Growth Rises in August; Mortgage Approvals Down

04:46 AM EDT, 09/29/2026 (MT Newswires) -- Net borrowing of consumer credit by individuals in the UK stood at 2.46 billion pounds sterling in August, following the revised 2.10 billion pounds sterling in July, according to Bank of England data published Tuesday. The consensus estimate for the month was 1.90 billion pounds. Meanwhile, net mortgage approvals for house purchases came in at 54,918, compared with the revised 55,928 in the prior month and the expected 56,000.