-
UK Money and Credit - April 2026
Net borrowing of mortgage debt by individuals decreased to £4.4 billion in April, from £6.8 billion in March, below the previous 6-month average of £5.1 billion. The annual growth rate for net mortgage lending increased slightly to 3.3% in April, from 3.0% in March. Secured gross lending decreased slightly to £27.5 billion in April, from £28.7 billion in March, still slightly above the 6-month average of £24.8 billion. Repayments increased in April to £22.7 billion, from £19.8 billion in March, above the 6-month average of £19.7 billion. Note: The difference between gross lending minus repayments and net ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
The number of job openings increased to 7.6 million in April, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and total separations decreased to 5.1 million and 5.0 million, respectively. Within separations, both quits (3.0 million) and layoffs and discharges (1.7 million) were little changed. This release includes estimates of the ...
Key Statistics: The current account balance, seasonally adjusted, fell $4.1b to a deficit of $27.1b. The capital and financial account surplus was $18.6b, a decrease of $1.9b on the December quarter 2025 surplus. The net international investment liability position was $707.6b at 31 March 2026. table The current account balance (seasonally adjusted, ...
Mehr News, citing a source, reports that Iran is still reviewing the final text in Tehran and has not yet submitted a response to the U.S.
Iran reportedly still discussing final text of agreement, no response sent to US yet The report cites a source familiar with the situation, in saying that Iran's final text of the deal is still being discussed in Tehran at this juncture. Adding that there is no response yet that is sent to the US on that. There has been so much back and forth on the text/terms of the deal that it is easy to lose track of what is happening. However, the bottom line is that there is still some differences that require sorting out. And that has been the case for well over two weeks already. A reminder on what needs to be agreed between the two sides so that the deal can be signed off: And even then, all this does is to allow for nuclear discussions to take place next. In that lieu, the US is also demanding that Iran provide some baseline promises on nuclear/uranium. The language of it all will be tricky but I wouldn't expect Iran to abide to any "promises" no matter what.