The United Kingdom’s M4 money supply growth decelerated markedly in April 2026, signaling a potential cooling in liquidity conditions across the economy. According to the latest data updated on 2 June 2026, M4 rose by just 0.2% month-over-month in April, down from a 0.8% increase recorded in March 2026.
On a month-over-month comparison basis, the April figure reflects a significant loss of momentum versus the previous month, when March’s 0.8% reading itself was measured against February levels. The slowdown in April suggests that the pace at which broad money is expanding in the UK financial system has eased, a development that will be closely watched by market participants and policymakers assessing underlying demand, credit conditions and inflationary pressures.
