BoE: Mortgage approvals rise

The Bank of England reveal:

"Total net lending to individuals rose by £0.6 billion in March. The twelve-month growth rate was unchanged, at 0.9%..."

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Strict lending criteria hits 'High End' residential mortgage market

Investec Specialist Private Bank says:

"Increased lending restrictions from banks and building societies has resulted in a growing number of high net worth individuals finding it difficult to secure mortgages of £1million or more..."

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UK public sector debt above 60%

The Office for National Statistics announced today:

"Net debt was £857.5 billion, equivalent to 60.3 per cent of gross domestic product, The public sector current budget was in deficit by £6.0 billion..."

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BoE: Total net lending to individuals rose by £2bn

The Bank of England's Lending to individuals: January 2010 report, reveals:

"Total net lending to individuals rose by £2.0 billion in January. The twelve-month growth rate ticked up to 0.8%..."

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Public sector net borrowing at £4.3 billion

The Public Sector Finances index, January 2010, published by Office of National Statistics, reveals:

"Public sector net borrowing was £4.3 billion; £9.6 billion higher net borrowing than in January 2009, when net borrowing was -£5.3 billion..."

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