{"id":70434,"date":"2017-10-30T18:53:16","date_gmt":"2017-10-30T11:53:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/"},"modified":"2017-10-30T19:04:57","modified_gmt":"2017-10-30T12:04:57","slug":"big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/","title":{"rendered":"Big jump in UK consumer borrowing fuels likely interest rate"},"content":{"rendered":"


\nThe 9.9% annual growth figure further adds to concerns of unmanageable debt among UK households as Bank of England meets to set borrowing rates Consumers maintained their borrowing habit in September, as a near-double-digit increase in lending to households left the Bank of England on track to raise interest rates on Thursday.The pace of annual consumer credit growth was 9.9% last month, according to figures from the central bank, as borrowing on credit cards, overdrafts and unsecured loans jumped. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Big jump in UK consumer borrowing fuels likely interest rate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 9.9% annual growth figure further adds to concerns of unmanageable debt among UK households...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-70434","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ik2","jetpack-related-posts":[{"id":65000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rapid-rise-in-personal-borrowing-is-cooling-says-bank-of-england\/","url_meta":{"origin":70434,"position":0},"title":"Rapid rise in personal borrowing is cooling, says Bank of England","date":"August 30, 2017","format":false,"excerpt":"\r Consumer borrowing through credit cards, overdrafts and personal loans slows slightly amid squeeze on living standards The rapid growth in borrowing by consumers appears to be slowing amid a squeeze on households, despite remaining at levels unseen since the financial crisis.The annual rate of growth for consumer borrowing through\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":70434,"position":1},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-borrowing-rises-at-fastest-rate-in-more-than-a-decade\/","url_meta":{"origin":70434,"position":2},"title":"UK borrowing rises at fastest rate in more than a decade","date":"June 29, 2016","format":false,"excerpt":"\r Value of credit cards, personal loans and overdrafts rose by 9.9% on a year earlier in MayBritish consumers borrowed more than expected in May to buy homes and fund other purchases in a sign of confidence before last week\u2019s shock decision to leave the EU.The amount of credit extended\u2026","rel":"","context":"In "Property 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