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 system.
- The net flow of consumer credit was £0.8 billion in September, remaining below the £1.1 billion average since July 2018.
- Net mortgage borrowing by households was little changed at £3.8 billion in September, close to the average of the past three years.
- Net finance raised by UK businesses was relatively strong in September, rising to £9.7 billion. This primarily reflected £6.5 billion net issuance of bonds and £2.9 billion of borrowing from banks.