Appetite for loans picks up again, say major banks

The amount of new borrowing through personal loans has outstripped repayments every month this year, figures from UK banks have indicated.

Banks withdraw £1.88bn from economy, offsets rise in lending

Britain's banks and building societies drew £13.8bn from the state-backed Funding for Lending cheap credit scheme (FLS) in its first five months of operation, but cut loans to households and businesses by almost £2bn.