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Mortgage approvals by the main high street banks rose to a four-month high of 39.7K in October, from 38.7K in September, according to trade body U.K. Finance.
A tentative revival in mortgage lending is underway, following the lull in the four months after the MPC hiked interest rates in November.
The squeeze on real wages has just ended and GfK's consumer confidence index hit a 11-month high in March.
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