Slightly better than forecast and highest since Dec 2009

  • August net consumer credit +£0.5 bln vs +£0.3 bln in July (expected +£0.2bln)
  • August mortgage lending +£0.6 bln vs +£0.7bln in July
  • August M4 growth -0.2%m/m, -0.6% y/y

GBP/USD gets a boost to 1.5702 on the release before falling back to 1.5685