Consumer credit growth in the United Kingdom slowed marginally in March 2026, according to fresh figures from the Bank of England. The latest data, updated on 1 May 2026, show that consumer credit rose by £1.895 billion in March, down from £1.935 billion in February 2026.
The modest deceleration suggests a slight cooling in household borrowing compared with the previous month. While the change from February to March is relatively small in absolute terms, it may be monitored closely by analysts for early signals about consumer confidence and spending momentum heading into the spring period.
