Net borrowing of consumer credit by individuals in the UK eased slightly to £1.86 billion in April 2026 from the upwardly revised £1.90 billion in the previous month, though above forecasts of £1.7 billion. Within this, net borrowing through credit cards was £0.8 billion in April, up from £0.7 billion in March. Net borrowing through other forms of consumer credit, such as car dealership finance and personal loans, decreased to £1.0 billion from £1.2 billion in March. The annual growth rate for all consumer credit decreased to 8.8% in April. Over the same period, the annual growth rate for credit card borrowing decreased to 11.8% from 12.3%, and the annual growth rate for other forms of consumer credit remained unchanged at 7.4%. source: Bank of England

Consumer Credit in the United Kingdom decreased to 1859 GBP Million in April from 1904 GBP Million in March of 2026. Consumer Credit in the United Kingdom averaged 918.64 GBP Million from 1993 until 2026, reaching an all time high of 2292.00 GBP Million in November of 2023 and a record low of -7438.00 GBP Million in April of 2020. This page provides the latest reported value for - United Kingdom Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Credit - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Consumer Credit in the United Kingdom decreased to 1859 GBP Million in April from 1904 GBP Million in March of 2026. Consumer Credit in the United Kingdom is expected to be 1522.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Consumer Credit is projected to trend around 1721.00 GBP Million in 2027 and 1745.00 GBP Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-01 08:30 AM
BoE Consumer Credit
Mar £1.895B £1.975B £1.8B £ 1.75B
2026-06-02 08:30 AM
BoE Consumer Credit
Apr £1.859B £1.904B £1.7B £1.8B
2026-06-29 08:30 AM
BoE Consumer Credit
May £1.859B


Related Last Previous Unit Reference
Bank Lending Rate 8.98 9.00 percent Apr 2026
CBI Distributive Trades -46.00 -68.00 Net Balance May 2026
GfK Consumer Confidence -23.00 -23.00 points Jun 2026
BoE Consumer Credit 1859.00 1904.00 GBP Million Apr 2026
Consumer Spending 419202.00 416740.00 GBP Million Mar 2026
Disposable Personal Income 442628.00 436779.00 GBP Million Dec 2025
Gasoline Prices 2.14 2.13 USD/Liter May 2026
Households Debt to GDP 73.60 73.70 percent of GDP Dec 2025
Net Lending to Individuals MoM 6227.00 8738.00 GBP Million Apr 2026
Personal Savings 9.90 9.10 percent Dec 2025
Retail Sales ex Fuel MoM 1.20 -0.10 percent May 2026
Retail Sales MoM 1.20 -1.00 percent May 2026
Retail Sales YoY 3.20 0.10 percent May 2026


United Kingdom Consumer Credit
Consumer credit (excluding student loans) is defined as borrowing by UK individuals to finance current expenditure on goods and/or services excluding loans issued by the Student Loans Company. Consumer credit (excluding student loans) is split into two components; credit card lending and ‘other’ lending (mainly overdrafts and other loans/advances).
Actual Previous Highest Lowest Dates Unit Frequency
1859.00 1904.00 2292.00 -7438.00 1993 - 2026 GBP Million Monthly
SA

News Stream
UK Consumer Credit Little Changed in April
Net borrowing of consumer credit by individuals in the UK eased slightly to £1.86 billion in April 2026 from the upwardly revised £1.90 billion in the previous month, though above forecasts of £1.7 billion. Within this, net borrowing through credit cards was £0.8 billion in April, up from £0.7 billion in March. Net borrowing through other forms of consumer credit, such as car dealership finance and personal loans, decreased to £1.0 billion from £1.2 billion in March. The annual growth rate for all consumer credit decreased to 8.8% in April. Over the same period, the annual growth rate for credit card borrowing decreased to 11.8% from 12.3%, and the annual growth rate for other forms of consumer credit remained unchanged at 7.4%.
2026-06-02
UK Consumer Credit Inches Lower
Net borrowing of consumer credit by individuals in the UK eased to £1.9 billion in March of 2026 from the upwardly revised £1.94 billion in the previous month, but overshot market forecasts of £1.8 billion. The result was also above the six-month average of £1.8 billion. Net borrowing through other forms of consumer credit, such as car dealership finances and personal loans, eased to £1.2 billion from £1.3 billion in the previous month. Meanwhile, consumer credit through credit cards remained relatively unchanged from the previous month at £0.7 billion. The annual growth rate for all consumer credit increased to 8.9% in the period, picking up from the 8.6% increase earlier amid a 12.3% jump in credit card borrowing and 7.4% growth in other forms of consumer credit.
2026-05-01
UK Consumer Credit Growth Tops Forecasts
Net borrowing of consumer credit by individuals in the UK rose to £1.9 billion in February 2026, compared to the upwardly revised £1.8 billion in January and above forecasts of a £1.6 billion advance. It was the highest reading since last November, slightly above the six-month average of £1.8 billion. Net borrowing through other forms of consumer credit, such as car dealership finance and personal loans, increased to £1.2 billion in February, up from £0.9 billion in January. Meanwhile, net borrowing through credit cards was £0.8 billion in February, down from £0.9 billion in January. The annual growth rate for all consumer credit increased to 8.5% in February from 8.3% in January. Over the same period, the annual growth rate for credit card borrowing decreased to 12.1% from 12.3%, and the annual growth rate for other forms of consumer credit increased to 6.9% from 6.6%.
2026-03-30