Bank lending and credit · United Kingdom
United Kingdom Net Lending to Individuals MoM
The United Kingdom Net Lending to Individuals MoM measures how much new credit banks extend, or how fast their loans or deposits grow, in the United Kingdom.
- Importance
- Medium
- Released
- Monthly
- Next release
- Currency
- GBP · pound sterling
- Central bank
- The Bank of England
Latest figures
The latest release for SEP, published on 29 October 2026, came in at £5.8B.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 29 Oct 2026 | SEP | £5.8B | £6.2B | £6.9B ® |
| 29 Sep 2026 | AUG | £6.874B | £6.2B | £6.2B ® |
| 1 Sep 2026 | JUL | £6.3B | £9.2B | £9.5B |
| 29 Jul 2026 | JUN | £9.5B | £5.5B | £5B ® |
| 29 Jun 2026 | MAY | £4.6B | £6B | £6.2B |
| 2 Jun 2026 | APR | £6.2B | £7.1B | £8.7B ® |
| 1 May 2026 | MAR | £8B | £5.9B | £7.2B ® |
| 30 Mar 2026 | FEB | £6.8B | £5.6B | £6.0B ® |
| 2 Mar 2026 | JAN | £5.9B | £6.2B | £6.1B |
| 30 Jan 2026 | DEC | £6.1B | £6.1B | £6.7B ® |
| 5 Jan 2026 | NOV | £6.6B | £5.2B | £5.9B ® |
| 1 Dec 2025 | OCT | £5.4B | £6.4B | £6.6B ® |
Why it matters
Credit is the fuel of spending and investment. Strong lending growth means households and companies are confident and that monetary policy is passing through; a credit slowdown often precedes a slowdown in activity. In China, new loans and total social financing are among the most watched signs of stimulus.
How it is calculated
Banks report the outstanding stock of loans to the central bank; the release shows the change over the month or the growth from a year earlier.
What changes mean
- Rising credit growth supports the growth outlook and the pound sterling.
- A sudden drop in lending can signal tighter bank standards or weak demand.
- Compare with interest rates: credit should slow after hikes; if it does not, more tightening may follow.
Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the pound sterling and local stocks, and can push bond yields up.
Lower than expected: A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
A short history
Credit cycles were described by economists such as Hyman Minsky; after the 2008 financial crisis regulators began to track credit growth closely as an early warning of booms and busts.
Questions
What is the United Kingdom Net Lending to Individuals MoM?
The United Kingdom Net Lending to Individuals MoM measures how much new credit banks extend, or how fast their loans or deposits grow, in the United Kingdom.
What was the latest United Kingdom Net Lending to Individuals MoM?
£5.8B for SEP, published on 29 October 2026 (consensus £6.2B, previous £6.9B).
When is the next United Kingdom Net Lending to Individuals MoM?
On Monday 30 November 2026 at 09:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.