MFI net lending to private non-financial corporations (monthly change), United Kingdom
MFI net lending to private non-financial corporations (monthly change) was £2.7 bn in August 2026, up 36.8% from July 2026 and down 28.5% from a year earlier. The figure is published by Bank of England in Bank of England Database LPMVWNQ. The series starts in January 2006 and has 248 observations. Source: Bank of England.
- On the previous reading (July 2026): up 36.8%, to £2.7 bn
- On a year earlier (August 2025): down 28.5%
- Against the five-year average of £1.2 bn: above
Sparklines: the last ten years; the amber dot marks the reading in the tile. Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England.
Overview
Over the last five years the series ranged from -£2.8 bn (November 2022) to £6.3 bn (March 2026). Since January 2006 the full range is -£7.8 bn (July 2009) to £28.1 bn (March 2020).
Key facts
| Reading | Period | Value |
|---|---|---|
| Latest | August 2026 | £2.7 bn |
| Previous | July 2026 | £1.9 bn |
| A year earlier | August 2025 | £3.7 bn |
| Five-year high | March 2026 | £6.3 bn |
| Five-year low | November 2022 | -£2.8 bn |
| First observation | January 2006 | £825.0 mn |
Unit: GBP. Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England.
How has it moved since January 2006?
Full history
- MFI net lending to private non-financial corporations (monthly change) £2.7bn
Last five years
- MFI net lending to private non-financial corporations (monthly change) £2.7bn
Latest readings
| Period | Value | Change from previous |
|---|---|---|
| August 2025 | £3.7 bn | -5.7% |
| September 2025 | £3.2 bn | -13.5% |
| October 2025 | £574.0 mn | -82.2% |
| November 2025 | £4.5 bn | +686.1% |
| December 2025 | £5.2 bn | +14.7% |
| January 2026 | £3.0 bn | -41.3% |
| February 2026 | £2.3 bn | -23.6% |
| March 2026 | £6.3 bn | +170.3% |
| April 2026 | £4.6 bn | -27.3% |
| May 2026 | £2.3 bn | -49.9% |
| June 2026 | £2.6 bn | +15.6% |
| July 2026 | £1.9 bn | -26.3% |
| August 2026 | £2.7 bn | +36.8% |
How does the latest reading compare?
The latest reading of £2.7 bn in August 2026 is above its five-year average of £1.2 bn and above its ten-year average of £1.3 bn. It is higher than 81% of all 248 readings since January 2006. The rise in August 2026 ended a run in the other direction or a flat reading. Over the last 12 readings, from September 2025 to August 2026, it averaged £3.3 bn, with a high of £6.3 bn in March 2026 and a low of £574.0 mn in October 2025. In the last ten years the largest rise from one reading to the next was in March 2020, to £28.1 bn from -£1.2 bn in February 2020, and the largest fall was in April 2020, to -£266.0 mn from £28.1 bn in March 2020.
Among the last 9 complete years, the average was highest in 2020, at £3.2 bn, and lowest in 2023, at -£372.2 mn.
Year by year
| Year | Average | Low | High | Last reading | Readings |
|---|---|---|---|---|---|
| 2026 | £3.2 bn | £1.9 bn | £6.3 bn | £2.7 bn August 2026 | 8 |
| 2025 | £2.8 bn | £574.0 mn | £5.2 bn | £5.2 bn December 2025 | 12 |
| 2024 | £1.4 bn | -£328.0 mn | £4.2 bn | £729.0 mn December 2024 | 12 |
| 2023 | -£372.2 mn | -£2.8 bn | £830.0 mn | -£790.0 mn December 2023 | 12 |
| 2022 | £276.8 mn | -£2.8 bn | £2.1 bn | £816.0 mn December 2022 | 12 |
| 2021 | -£216.7 mn | -£4.3 bn | £7.1 bn | £921.0 mn December 2021 | 12 |
| 2020 | £3.2 bn | -£1.6 bn | £28.1 bn | £373.0 mn December 2020 | 12 |
| 2019 | £1.0 bn | -£2.2 bn | £3.2 bn | -£2.2 bn December 2019 | 12 |
| 2018 | £1.5 bn | -£41.0 mn | £3.2 bn | £2.6 bn December 2018 | 12 |
| 2017 | £1.1 bn | £100.0 mn | £2.7 bn | £371.0 mn December 2017 | 12 |
Averages, lows and highs are calculated by EconoMonitor from the published readings. Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England.
How is it measured?
Monthly change in monetary financial institutions' sterling net lending to private non-financial corporations.
MFI net lending to private non-financial corporations (monthly change) is published monthly by Bank of England in its Bank of England Database LPMVWNQ release. It is measured in GBP and is seasonally adjusted. EconoMonitor holds all 248 readings since January 2006 under the publisher's code LPMVWNQ, keeps earlier values when the publisher revises them, and compares each release with the downloaded file before it is shown.
- Frequency: monthly; seasonal adjustment: SA.
- Unit: GBP.
- Release: Bank of England Database LPMVWNQ, published by Bank of England.
- Source series code: LPMVWNQ.
- Methodology: how EconoMonitor stores and checks this series.
Questions and sources
What is the latest reading of MFI net lending to private non-financial corporations (monthly change)?
£2.7 bn in August 2026, as published by Bank of England.
How often is it updated?
Monthly, with each Bank of England Database LPMVWNQ release. EconoMonitor reloads the series after each release and keeps earlier values when the publisher revises them.
Where can I check it?
At the publisher: Bank of England Database, series code LPMVWNQ.
Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England. Checks for this release: Check A passed, Check B passed.
Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.