trending Market Intelligence /marketintelligence/en/news-insights/trending/n99rny6w6qnwirgbuahjdq2 content esgSubNav
In This List

UK mortgage approvals, money supply fall in February

Blog

The evolving world of central bank digital currencies

Blog

Insight Weekly: US stock market downturn; Chinese bank earnings; Europe's big tech bills

Blog

Expand Your Perspective Uncover Insights on Key Markets with Differentiated Data

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


UK mortgage approvals, money supply fall in February

Mortgage approvals for house purchases in the U.K. fell below their previous six-month average in February, declining to 63,910 from 67,110 in the prior month.

Remortgaging approvals decreased to 46,622 from 48,690, below the prior six-month average, data from the Bank of England showed.

Meanwhile, M4 money supply decreased 0.3% in February from the previous month, but was up 4.1% year over year.

Secured lending grew at an annual rate of 3.3% in February, unchanged from the previous month. The annual growth rate of consumer credit edged up to 9.4% from 9.3% in the prior month.