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Repayment of UK mortgage debt accelerates in 1Q (AP)

U.K. homeowners paid down mortgage debt in the first quarter at the fastest rate in a year, shrinking the pool of money available for retail spending, the Bank of England said Friday.

This entry was posted on Friday, July 3rd, 2009 at 3:29 pm and is filed under Economic News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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