These monthly statistics on borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the banking system1.
Key points
- Consumer credit increased by £0.9 billion in April, in line with the monthly average increase since July 2018. The annual growth in consumer credit continued slowing, to 5.9%.
- Net mortgage lending was £4.3 billion in April, slightly higher than the average of £3.8 billion seen over the previous six months.
- UK businesses raised £5.7 billion of net finance in April, driven by borrowing from banks and bond markets.
References in the text point to the summary tables below. For further statistics, please see our interactive charts and Bankstats tables.