'Clear' sign of rising confidence
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People's borrowing using personal loans and overdrafts is growing for the first time in over five years in a "clear" sign of rising consumer confidence, high street banks have reported.
The British Bankers' Association (BBA) reported that net personal loan and overdraft borrowing increased by 0.5% annually in March, marking the first rise recorded since January 2009 as more people start to think about splashing out on new purchases.