Net lending to individuals in the United Kingdom slowed at the start of 2026, with the indicator easing to £5.9 billion in January from £6.1 billion in December 2025.
The latest data, updated on 2 March 2026, point to a modest cooling in household borrowing activity after a stronger year-end. While the December 2025 figure of £6.1 billion marked a higher level of net lending to individuals, January’s £5.9 billion result suggests a slight pullback as consumers and households entered the new year with more caution.
Investors and analysts will be watching upcoming releases closely to assess whether January’s dip represents the start of a softer trend in credit growth or a temporary adjustment following robust borrowing in late 2025.