In July the number of mortgage approvals increased from 47,891 in June to 50,123. Consumer credit and mortgage lending fell to the lowest levels on record. Consumer credit in July -0.217 billion Stg from +0.078 billion Stg in June and mortgage lending in July -0.418 billion Stg from +0.145 billion Stg in June.
Sterling continues to fall to a low of 1.6250
