UK households shunned credit, repaid debts as COVID hit in March-BoE
British households repaid 3.841
billion pounds ($4.82 billion) of consumer credit in March, the
largest net repayment on record, as the spread of the
coronavirus began to hammer the economy, Bank of England data
showed on Friday.
billion pounds ($4.82 billion) of consumer credit in March, the
largest net repayment on record, as the spread of the
coronavirus began to hammer the economy, Bank of England data
showed on Friday.
Posted by Reuters
