Consumer new business falls by 4%
Consumer new business fell by 4% in June according to new figures released by the Finance and Leasing Association (FLA).
Personal loans new business fell by 7% in June.
Geraldine Kilkelly, head of research and chief economist at the FLA, said:“Consumer finance new business was only 1% lower in the first half of 2019 than in the same period in 2018.
“Consumer confidence about personal finances and making major purchases has held up despite continued Brexit-related uncertainty.”