U.K. mortgage approvals for house purchases increased to 58,728 in January from 55,019 in December, the Bank of England said Wednesday. The January figure was bigger than the consensus forecast of 54,000.
Total lending to individuals rose by GBP 1.8 billion in January. The annual growth rate increased by 0.1 percentage points to 1 percent. Within total lending, lending secured on dwellings rose by GBP 1.6 billion. On a yearly basis, it was up 0.8 percent.
Consumer credit increased by GBP 0.1 billion in January, while economists were expecting GBP 0.2 billion increase. The annual growth rate climbed by 0.3 percentage points to 2.3 percent.
Abu Dhabi holding firm Senaat plans share sale
An Abu Dhabi government-owned holding company may sell its own shares or off-load a stake in one of its main businesses as part of plans to spur listings on the local stock market, three sources fam
Oil price falls to three-week low
Oil fell to a three-week low in a broader commodities selloff as a decline in China’s factory activity entrenched concern about weak demand, and worries about an early scale-back in US Federal Reserv