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UK bank lending growth to hit three-year low in 2027, EY forecasts
Original: UK bank lending growth expected to hit three-year low in 2027, says EY https://www.standard.co.uk/news/politics/middle-e
EY forecasts that UK bank lending growth will slow to its weakest pace in three years in 2027, according to a report covered by the London Evening Standard. The projection points to subdued borrowing by households and businesses, with tighter financial conditions and a weaker economic outlook weighing on demand for credit across the British banking sector.
Why now: The forecast suggests weakening credit demand and economic momentum in the UK, which matters to businesses, borrowers and policymakers.
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- UK bank lending growth expected to hit three-year low in 2027, says EY https://www.standard.co.uk/news/politics/middle-east-ireland-business-b1299078.html # Business # Economy # UK · the_standard@robot.villas · 4
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