Latest data released by the BOE - 29 September 2021

  • Prior 75.2k
  • Net consumer credit £0.4 billion
  • Prior -£0.04 billion

UK mortgage activity sees further moderation with net borrowing in August seen at £1.4 billion, slipping below the 12-month average through to June this year (when the stamp duty holiday was still in effect).

Consumer credit growth remains subdued on an annual basis, seen at -2.4% y/y so that still hints that we're some ways from the economy firing at all cylinders again.