UK lenders approved most mortgages since 2007 in Nov - BoE
LONDON, Jan 4 (Reuters) - British mortgage approvals unexpectedly rose to a fresh 13-year high in November but consumer borrowing showed a record annual decline, monthly Bank of England data showed on Monday.
British lenders approved 104,969 mortgages in November, in sharp contrast to the drop to 82,500 forecast in a Reuters poll of economists, while unsecured lending to consumers was 6.7% lower than in November 2019, the biggest drop since monthly records began in 1994. (Reporting by David Milliken and Andy Bruce)
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