Recently Released Market Study: Consumer Lending in the United Kingdom
Consumer lending picked up slightly in 2013 as the UK economy began to pull clear of its recession, albeit growing at the still poor rate of 1%. Both gross lending and outstanding balance figures grew by 2% over 2012, compared to less than 1% growth rates in the previous year, which suggests that confidence is slowly being restored. This remains a patchy market, however, and a far from certain one. For a start, the country remains divided regionally, with some...
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