Net borrowing of mortgage debt by individuals remained unchanged when compared to November at £4.6 billion in December. In December, net mortgage approvals for house purchase fell by 3,100 to 61,000.
Karim Haji, Global and UK Head of Financial Services at KPMG, comments on the recent Money and Credit statistical release from the Bank of England ( for the month of August 2025). Karim Haji of KPMG ...
The Bank of England’s (BoE) MPC has cut interest rates from 4% to 3.75% The MPC last met on 6 November when it held rates at 4% The market was widely expecting the MPC to lower interest rates ...
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