Broad money increased by £9.6 billion in November (Table A). Within this, the flow of private non-financial corporations’ (PNFCs’) and households’ M4 was above the recent average, at £8.0 billion (Table B and C). The net flow of sterling credit was £7.1 billion in November (Table A). Combined lending to households and PNFCs was £4.0 billion, similar to the previous month (Table B and C). Secured net lending remained stable in November at £3.5bn (Table H), broadly in line with the average seen since 2016. Mortgage approvals rose in November (Table I), driven by a continuing increase in remortgaging approvals to ... (full story)