Credit card outstandings rose GBP 500 million during November to bring total card loans to GBP 57.6 billion, a slight gain over last year’s pace. Total net lending to consumers for November hit GBP 183 billion, an increase of GBP 1.4 billion over October. Overall, consumer credit grew 0.8% in November, seasonally adjusted, GBP 100 million weaker than the increase in October. The three-month (annualized) growth rate fell to 10.4% from 11.7% in October while the twelve-month growth rate fell to 11.7% from 11.8% in October. Gross advances were GBP 18.8 billion, GBP 200 million higher than the average three months to October. The Bank of England continues to maintain its benchmark interest rate at 4.75%.