• Prior 61.99k; revised to 62.50k
  • Net consumer credit £1.3 billion vs £1.4 billion expected
  • Prior £1.2 billion

Mortgage approvals rose in August, moving up to its highest level since August 2022 - largely driven by a surge in purchase activity. On net, individuals borrowed £2.9 billion of mortgage debt in August, compared to £2.8 billion in July.