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UK bank lending growth to hit three-year low in 2027, EY says
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 reporting by the London Evening Standard. The projection points to subdued borrowing demand from households and businesses in the years ahead. The report comes amid ongoing concern about the outlook for the UK economy and the banking sector.
Why now: Fresh forecasts on slowing UK bank lending add to concerns about the British economic outlook.
Evidence
- 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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