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Economy47 minutes ago (Jan 13, 2022 09:51)
LONDON (Reuters) – British lenders expect demand for mortgage lending will fall in the first three months of 2022 after decreasing in late 2021, the Bank of England said on Thursday.
But lenders expected demand for unsecured lending, led by credit cards, to continue rising in the January-March period, according to the BoE’s quarterly Credit Conditions Survey.
The rates of defaults on mortgages and consumer loans were expected to rise in early 2022.
UK lenders expect demand for mortgages to fall, consumer credit to rise
By Aby Jose Koilparambil (Reuters) -Britain’s No. 2 homebuilder Persimmon (LON:PSN) Plc forecast on Thursday higher profit margins for the 2021 fiscal year as demand for new…
LONDON (Reuters) – The dollar fell further on Thursday to two-month lows after U.S. inflation proved weaker than feared in December, prompting investors to cut crowded long…
(Reuters) -British oilfield services and engineering firm Wood Plc reaffirmed its annual revenue and core earnings forecasts on Thursday, and said selling a division under its…
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