31 May 2001, 12:35 UK April consumer credit--OVERVIEW
--UK Apr consumer credit 1.685 bln stlg
--UK Apr consumer credit well above expectations
--UK Apr net personal borrowing 5.459 bln stlg
--UK Apr net lending secured on dwellings 3.775 bln stlg
--UK Apr house loan approvals number 98,000
--UK Apr gross loans on dwellings 12.669 bln stlg
--UK Apr net credit card borrowing 582 mln stlg
--BOE: UK Apr M4 money unrev +0.3% vs Mar; +7.9% on yr
--BOE: UK adj Apr M4 lending rev down at 1.2 bln stlg
London, May 31 (BridgeNews) - U.K. netconsumer credit came in at 1.685
billion sterling in April, well above market expectations of 1.1 billion
sterling, and sharply up on the 871 million sterling recorded in March.
April's consumer credit was the highest since April 1993. Net lending
secured on dwellings, however, was more subdued, at 3.775 billion
sterling, slightly below March's 3.812 billion sterling.
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