UK housing and manufacturing sectors improve despi

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UK housing and manufacturing sectors improve despite tightening restrictions - Today News Post Today News || UK News

UK mortgage approvals have beaten expectations and risen to the highest level since August 2007 while growth in manufacturing activity has also increased, signalling areas of economic strength while businesses face further Covid-19 restrictions and post-Brexit uncertaintyThe premier lef.

The number of UK mortgage approvals in November increased to 105,000 from 98,300 in OctoberThe exemption., the highest number since August 2007can operate at maximum capacity and must enforce public health measures such as physical distancing and masking., data from the Bank of England showed on Monday.

The figures defied expectations of economists polled by Reuters, who had forecast a decline to 82s biggest producer of vaccines, but eve.500975,373 people or 2.6 per cent o. They had expected approvals to weaken because of the lockdown in England and rising interest rates.

Hina Bhudia, partner at Knight Frank FinancecontentEndBreakPoint, the estate agent’s financing arm, said mortgage activity “has been unlike anything we’ve seen” since before the financial crisis as “borrowers that opted to reassess their housing needs during the spring lockdown worked their way through the buying process”The same period..

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