UK mortgage approvals slipped to their weakest level since February and net consumer lending remained tame in June, data from the Bank of England showed Thursday. Mortgage approvals, a good leading indicator of activity in the housing market, fell to 47,643 in June from a downwardly revised 49,461 in May. That was the weakest level since February and was below the 49,000 forecast by economists in survey last week.
UK mortgage approvals drop
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