According to Bank of England data, a net decline was driven by lower credit card borrowing, which slid from £800million to £500million.
Other forms of consumer lending such as personal loans and car finance also fell – down £100million to £900million.
At the same time, the Bank said the annual growth rate for credit cards and other forms of consumer credit dropped from 11.9% to 7.3%.
Denne historien er fra April 03, 2024-utgaven av Daily Express.
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Denne historien er fra April 03, 2024-utgaven av Daily Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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