FX.co ★ UK Consumer Credit Rises in June, Signalling Stronger Borrowing Appetite

Consumer borrowing in the United Kingdom accelerated in June 2026, according to the latest Bank of England (BoE) data, pointing to a firmer appetite for credit among households.

BoE figures show that consumer credit rose to £1.807 billion in June 2026, up from £1.662 billion in May 2026. The increase suggests that UK consumers continued to rely more on loans, credit cards, and other forms of unsecured borrowing at the start of the summer.

The data, updated on 29 July 2026, will be closely watched by analysts and policymakers as they assess the balance between resilient consumer demand and potential risks from rising household indebtedness in a still-uncertain economic environment.