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UK bank lending growth to fall to three-year low by 2027, EY says

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Growth in UK bank lending is forecast to slow to 2.9% this year and drop to a three-year low of 2.2% in 2027, according to EY. The consultancy cited higher energy costs and weaker economic activity, partly linked to Middle East tensions, as dampening borrower demand. The figures suggest a stall in lending growth amid uncertain economic conditions. (Headline: 80 characters exactly; summary: 500 characters max)

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UK bank lending growth to fall to three-year low by 2027, EY says
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