Uk business lending slumps in April, mortgages rise

Lending to businesses fell sharply in April, dropping by the biggest margin so far in 2013, even as mortgage approvals edged higher. Bank of England figures showed on Friday that net lending dropped nearly 3 billion pounds after a 545 million pound contraction in March, and was 4 percent down on …

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Uk business lending slumps in April, mortgages rise