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The Independent UK
The Independent UK
National
Vicky Shaw

Consumer credit borrowing grows at fastest annual rate since lockdowns started

PA Archive

Households’ non-mortgage borrowing grew in January at the fastest annual rate since the start of the UK coronavirus lockdowns.

The annual growth rate for borrowing using various forms of consumer credit accelerated to 3.2% in January, up from 1.5% in December, the Bank of England said.

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