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Value of lending to key non-financial industries in the United Kingdom 2013-2020

The ongoing economic effects caused by the Covid-19 pandemic have seen the Bank of England forced into quantitative easing measures. The injection of new money supply to help kick start the economy has seen a huge increase in lending to businesses in March 2020. Key sectors including the construction, manufacturing, real estate and transport industries are looking to take advantage of the record low bank base interest rate set by the Bank of England.

Headline flow of borrowing by non-financial industries in the United Kingdom (UK) from January 2013 to June 2020, by key sector

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Release date



United Kingdom

Survey time period

January 2013 to March 2020

Supplementary notes

M4Lex as defined by the Bank of England is "M4 lending (M4L) excluding lending to intermediate other financial corporations (OFCs) (M4Lex) is a more economically relevant measure of credit than the headline measure of M4L."

The source included the following information "The M4 lending measure covers all private non-financial corporations, and includes both loans and securities. The data which provide a split between smaller and larger companies covers all loans non-financial businesses."

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Statistics on "SMEs in the UK"

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