/24-7PressRelease/ - LONDON, UK, April 05, 2006 - According to the figures revealed by Bank of England, lending has shown reduction in February as compared to last month. It is not disappointing as it is well within line of last six month's standard. In February, around 0.6 billion has been lent which is lower than last month's borrowings.
Secured home loan is recorded 8.1 billion in the month of February, which is 0.8 billion less. Credit card lending also have shown a sharp downhill trend of 0.1 million.
The amount of money that has been borrowed by UK residents rose by 0.9 billion in February compared with 0.6 billion in the month of January.
Hope, this trend is not followed in the days to come. Slump in finance market is not good for British economy.
For additional information on the news that is the subject of this release (or for a sample, copy or demo), contact Webmaster or http://www.unsecured-home-improvement-loans.co.uk/
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