Slow progress on bank lending

The interim results published by the major UK banks last week showed that RBS and Lloyds are on track to meet their new lending commitments to the Government. But these lending targets have become pretty meaningless. The big picture is that net lending to firms and households remains very weak.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.