UK bank lending growth forecast to hit three-year low by 2027

Summarised from 2 outlets · Updated 1 Oct, 02:31 · Archive

UK bank lending growth is forecast to slow to 2.2 per cent by 2027, a three-year low.

UK bank lending growth is expected to slow this year to 2.9 per cent before dropping to a three-year low of 2.2 per cent in 2027, according to EY. The forecast highlights tensions in the Middle East, with higher energy costs and weaker economic activity weighing on demand for borrowing.

How it is being reported

• UK bank lending growth to fall to three-year lowCity AM · 1 Oct, 01:37
• UK bank lending growth expected to hit three-year low in 2027, says EYEvening Standard · 1 Oct, 00:01

In this story: EY · UK

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