Statistics

BoE – Money & Credit statistics – September

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The Bank of England (BoE) has published its latest Money and Credit statistics for the month of September. The key figures highlight that: net borrowing of mortgage debt by individuals decreased from £1.1 billion in August to -£0.9 billion in September – the lowest since April 2023 net mortgage approvals for house purchases fell to 43,300 in September, the lowest level since January 2023. Net approvals for remortgaging fell to 20,600 in September, the lowest level since January 1999 net borrowing of consumer credit by individuals amounted to £1.4 billion in September, down from £1.7 billion in the previous month. Source:...

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The Money Charity – October monthly statistics

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The Money Charity has published its latest Money Statistics. The key figures highlight that: in the year to September 2023, inflation was 6.7% the average credit card debt per UK household was £2,394 in August total unsecured debt per UK adult was £4,087 total debt, secured and unsecured, per UK household was £65,756. You can read the full statistics and sign up to the newsletter here. Source: The Money Charity...

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BoE Money and Credit statistics – September

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The Bank of England (BoE) has published its latest Money and Credit statistics for the month of September. The key figures highlight that: Net borrowing of mortgage debt by individuals increased for the fourth consecutive month to £1.2 billion in August, up from £0.2 billion in July. Net mortgage approvals for house purchases fell from 49,500 in July to 45,400 in August, the lowest level in six months. Net approvals for remortgaging dropped from 39,300 to 25,000 during the same period, the lowest since July 2012. Net borrowing of consumer credit by individuals amounted to £1.6 billion in August, up...

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The Money Charity – September money statistics

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The Money Charity has published its latest Money Statistics. The key figures highlight that: in the year to August 2023, inflation was 6.7% the average credit card debt per UK household was £2,376 in July total unsecured debt per UK adult was £4,047 total debt, secured and unsecured, per UK household was £65,661. You can read the full statistics and sign up to the newsletter here. Source: The Money Charity...

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Bank of England Money & Credit Statistics – June 2023

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The Bank of England has published its latest Money and Credit Statistics for June. The key figures highlight that: Net borrowing of consumer credit by individuals rose to £1.7 billion in June, the highest since April 2018. Borrowing on credit cards remained stable at £0.6 billion, while borrowing through other forms of consumer credit (such as car dealership finance and personal loans) increased significantly from £0.5 billion in May to £1.0 billion in June. Net borrowing of mortgage debt by individuals increased to £0.1 billion in June, after net repayments of £0.1 billion in May and record high net repayments of £1.1...

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Money Statistics from The Money Charity – July 2023

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The Money Charity has published its latest money statistics covering July 2023. The key figures highlight that: Average total debt per UK household in May 2023 stood at £65,529. Average credit card debt per household in May 2023 stood at £2,350. Total unsecured debt per UK adult in May 2023 was £4,022 You can read the full statistics and sign up to their newsletter here. Source: The Money Charity...

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FOS publishes annual complaints data 2022-23

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The Financial Ombudsman Service (FOS) has today published statistics for annual complaints data for 2022-23. The data highlights that the FOS received over 165,000 complaints for the year, a slight increase on the previous year. It is no surprise that the FOS has seen a continuing increase in the number complaints relating to charges, fees and commissions in motor finance. Pawnbroking broking was the sector with the lowest uphold rate (19%). You can read the full statistics here. Source: FOS...

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Money and Credit – April 2023

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The Bank of England reported that net borrowing on consumer credit by individuals in April was broadly unchanged, at £1.6 billion. Source: Bank of England...

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ICO data security incident trends published

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The Information Commissioners Office (ICO) have published their latest statistics in relation to data security incidents reported to them over Q4 of 2022 (October to December). In the quarter, 2265 data security incidents were reported to the ICO, a 5% decrease from the same quarter last year. For the financial services industry, this accounted for 230 reported incidents, of which 99 were cyber-related incidents and 131 were non-cyber related. You can access full details here. Source: ICO...

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