KEY THEMES+ ¦ DEMSA Summary
What you need to know this week
Bank of England data (published 5/1/2026) showed net consumer credit borrowing rose to £2.1bn in November 2025, including £1.0bn on credit cards.Annual growth in total consumer credit increased to 8.1% in November, with credit card borrowing growth rising to 12.1%.Effective interest rates remained high, including interest-charging overdrafts at 21.57% and credit cards at 21.60%.Mortgage approvals for house purchase fell to 64,500, while remortgaging approvals rose to 36,600.StepChange recorded 3,958 website visitors on Christmas… Read more
