Key points
- Household borrowing growth moderated slightly in August. Annual consumer credit growth slowed to 8.1%, while secured lending growth ticked down to 3.1%.
- The number of approvals for remortgaging, which has been volatile in recent months, increased to 53,125 in August.
- Net finance raised by private non-financial corporations (PNFCs) remained positive in August. Within this, net bank lending to businesses was positive, whilst finance raised through financial markets was negative.
References in the text point to the summary tables below. For further statistics, please see our Bankstats tables.