• 58,238 prev revised up from 57,667
  • highest since march 2008
  • mortgage lending GBP +0.7 bln vs 1.1 bln exp
  • M4 money supply growth m/m +0.6% vs +0.1% prev
  • y/y +1.8% highest since aug 2010
  • consumer credit GBP +0.6 bln as exp vs +0.4 bln prev revised down from 0.5 bln

Encouraging mortgage approvals data which supports stronger house price trend

Not so cheery on the lending front though

GBPUSD sold initially to test 1.5500 again.. currently 1.5502