LPQBZ2M

Notes:

[a] As a result of the changes to Table A5.6, the Bank of England has merged the previously separate data on total lending to individuals by other specialist lenders, retailers and "other" lenders into one category "other lenders", from Q4 2006 onwards. The separate series up to and including Q3 2006 data will not be revised anymore but will be available from the Bank's Statistical Interactive Database.

[b] This series has not been seasonally adjusted as after examination it was found not to be significantly seasonal. This series will, however, be reviewed for seasonality regularly.

[c] Please note that the compilation and descriptions of some credit series have changed from publication of April 2015 data, as described in Bankstats, April 2015, 'Changes to the treatment of loan transfers and lending to housing associations', available at www.bankofengland.co.uk/statistics/Documents/ms/articles/art1apr15.pdf.

[d] The Office for National Statistics have recently completed a review of the Credit Grantors Survey and have re-examined the assumptions underlying this series. This has decreased the amount outstanding of credit card lending by £2bn and the amount outstanding of other unsecured lending by £8bn in Q1 2010. Flows of gross and net lending were not significantly affected. (31 Mar 2010)

[e] Due to changes to reporting of securitised loans, along with related liabilities, the amount outstanding of this series has decreased by £171bn. The movement has been adjusted out of the flows for Q1 2010. For details, see the Monetary and Financial Statistics article http://www.bankofengland.co.uk/statistics/documents/ms/articles/art1feb10.pdf. (31 Mar 2010)

[f] Due to a restructuring of a reporting institution, amounts outstanding of lending by MFIs have fallen by £30bn, and amounts outstanding of lending by OSLs have increased by £30bn. This movement has been adjusted out of the flows for Q1 2010. (31 Mar 2010)

[g] Due to a population change during December 2010 there was a switch of credit card lending from the MFI sector to the other specialist lenders' sector. This movement has been adjusted out of the credit card lending flows data. Amounts outstanding and flows for total unsecured lending were not affected. (31 Dec 2010)

[h] The Office for National Statistics regularly reviews its reporters to the Credit Grantors Survey. Due to a change in the reporting population, the amount outstanding of unsecured credit in the months of 2011 has decreased by £0.5bn from the levels previously published. Of this credit card lending decreased by £0.4bn and other unsecured lending decreased by £0.1bn. These movements have been adjusted out of the lending flows from January 2011. (31 Mar 2011)

[i] The Office for National Statistics transferred their collection of monthly consumer credit data by 'other specialist lenders' to the Bank of England in April 2024. The Bank of England began collecting these data on 'Form MC' and made initial amendments to the reporting population. The overall impact of these amendments has been broadly balanced, with only a slight increase in the amounts outstanding, and some changes to gross lending and repayments series for consumer credit. (30 Jun 2024)