Credit card use up to highest levels since 2004

Credit card borrowing rose in November to its highest monthly level since 2004 according to latest Bank of England data.
The figures showed individuals borrowed an additional £1.5 billion in all forms of consumer credit, an increase on the £700m borrowed in October, of which £1.2 billion was on credit cards (an increase of £400m when compared to October), as concerns mounted over the impact of high inflation on struggling households.
The annual growth of credit card borro