UK lenders expect credit availability to fall – BoE –

LONDON, Oct 13 (Reuters) – British lenders expect less credit to be available during the three months to the end of November across mortgages, unsecured consumer lending and business loans, a Bank of England survey showed on Thursday.

The BoE’s quarterly credit conditions survey took place between Aug. 30 and Sept. 16, before finance minister Kwasi Kwarteng’s “mini-budget” announcement and subsequent market turmoil.

Reporting by David Milliken
Editing by William Schomberg

Our Standards: The Thomson Reuters Trust Principles.

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