These monthly statistics on borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the banking system. Key points: The extra amount borrowed by consumers to buy goods and services was £1.0 billion in June, in line with the average of the past year. UK businesses raised £3.3 billion of net finance in June, primarily reflecting borrowing from banks. The total amount of money held by PNFC’s fell by £4.1 billion, the largest fall since April 2016.The additional amount borrowed by consumers to buy goods and services was £1.0 billion in ... (full story)