Dr Rebecca Harding chief economist at the BBA explains why borrowing on credit cards grew at its fastest rate in almost 10 years last month.
Simon Rose
Original Broadcast:
The Share Radio Evening Show
Borrowing on credit cards grew at its fastest rate in almost 10 years last month.
That's according to the latest figures from The British Bankers' Association which found that consumer credit was up 7% year on year in October.
To find out more about this Simon was joined by Dr Rebecca Harding chief economist at the BBA.