Consumer Lending On The Rise, Helping The UK Economy

Consumer lending continues to be on the rise, giving all encouraging views of the UK economy. It took quite a hit due to COVID-19, and is making a comeback. Virgin Money, a British bank, has issued a forecast that is encouraging. Such information is based on the restrictions relating to COVID-19 being modified and less strict.

This forecast was released at the end of July regarding consumer lending, mainly for homes. Virgin Money anticipates the 3rd quarter for 2021 will offer significan...

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