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MNI BRIEF: Modest UK Secured Lending Availability Uptick: BOE

UK banks saw an increased availability of secured credit to households in Q3, with a similar availability expected in Q4, the Bank of England's latest Credit Conditions survey showed. Availability of unsecured credit decreased and and would likely see a further decrease over the Q4 reporting period, the survey said
The BOE also noted that enders reported overall availability of credit to the corporate sector increased slightly in Q3, increasing slightly for small and medium businesses but decreasing slightly for large firms. Overall availability was expected to decrease in Q4.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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