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 Austin Globe 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 Austin Globe.
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...
AUSTIN, Texas: Tesla will stop offering its full self-driving software as a one-time purchase and switch exclusively to a monthly subscription...
NEW YORK CITY, New York: After years of expansion fueled by debt and rising pressure from cautious luxury shoppers, Saks Global has...
(Photo credit: James Snook-Imagn Images) Kansas State handed No. 17 Texas Tech its first loss of the season in a 65-59 nailbiter...
(Photo credit: Jeff Le-Imagn Images) While the Tampa Bay Lightning's 11-game winning streak finally came to a halt, their points...
(Photo credit: Darren Yamashita-Imagn Images) San Jose Earthquakes Nick Lima has retired from professional soccer after nine MLS...
(Photo credit: Jerome Miron-Imagn Images) When Nikola Jokic hopped off the court in Miami on Dec. 29, the Nuggets' season appeared...
