U.K. Nov Credit Card Debt Growing 8.3% Annually
U.K. consumer credit in November grew at an 8.3% annual rate to £178.2 billion. Within consumer credit, credit card lending increased by 6.0% year-on-year (YOY) to £63.1 billion and other loans/ advances increased by 9.6% YOY to £115.1 billion. All figures are seasonally adjusted. The Bank of England says both subsets of consumer credit are…