Anabelle Colaco
18 Jan 2026, 05:44 GMT+10
LONDON, UK: British banks are bracing for a slowdown in borrowing at the start of 2026, with lenders expecting weaker demand for mortgages after activity softened toward the end of last year, a survey by the Bank of England showed on January 15.
According to the central bank's quarterly Credit Conditions Survey, mortgage demand is expected to fall in early 2026 following a decline in the final months of 2025.
Lenders also said they expect demand for unsecured consumer credit to be broadly flat, after it rose in late 2025, the survey showed.
Demand for corporate lending is likewise forecast to remain unchanged over the three months to the end of February, suggesting a subdued appetite for borrowing among households and businesses.
The survey was conducted between November 10 and December 3, capturing lenders' expectations heading into the new year.
Get a daily dose of Broadcast Communications news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.
More InformationLONDON, UK: British banks are bracing for a slowdown in borrowing at the start of 2026, with lenders expecting weaker demand for mortgages...
MADRID, Spain: Global tourism continued to expand in 2025, but the United States moved against the trend, recording fewer foreign visitors...
NEW YORK CITY, New York: Google is pushing its AI chatbot deeper into online shopping, unveiling new partnerships with major retailers...
HONG KONG: China closed 2025 with its largest trade surplus on record, underscoring how exports to the rest of the world have cushioned...
NEW YORK, New York - U.S. stocks were unwanted Friday as President Donald Trump poured cold water on the potential appointment of National...
AUSTIN, Texas: Tesla will stop offering its full self-driving software as a one-time purchase and switch exclusively to a monthly subscription...
Uganda's general elections kicked off on Thursday with more than 21 million voters casting ballots for the presidency and parliament...
(Photo credit: Jim Cowsert-Imagn Images) Pat Perez, who worked as an announcer in 2025 after a three-year run on the LIV Golf Tour,...
Howrah (West Bengal) [India], January 13 (ANI): West Bengal Chief Minister Mamata Banerjee on Tuesday accused the Election Commission...
(260113) -- MOGADISHU, Jan. 13, 2026 (Xinhua) -- This photo taken on Jan. 12, 2026 shows a staff member working in the archives of...
(260113) -- MOGADISHU, Jan. 13, 2026 (Xinhua) -- Mohamed Kafi Sheikh Abukar, director of Somali National Television (SNTV), works at...
So many people get their health information from social media now that there is a growing risk and solid evidence that some couples...
