The British Bankers Association (BBA) published its latest figures for high street banks which show that:

  • Gross mortgage borrowing increased 26% to £12.6bn – the highest since August 2008
  • Mortgage approvals were up 27%, remortgaging up 34% and house purchasing up 21% compared to last year
  • Lending to wholesale, retail and manufacturing sectors are up but down for construction and real estate sectors