After peaking in the second quarter of 2020, following the outbreak of the COVID-19 pandemic, lending to small and medium enterprises (SMEs) in the United Kingdom (UK) decreased overall. In the second quarter of 2023, lending to UK SMEs amounted to 4.8 billion British pounds, compared to 7.6 billion British pounds in the first quarter of 2021.
Gross lending to small and medium enterprises (SMEs) in the United Kingdom (UK) from 1st quarter 2021 to 2nd quarter 2023
(in billion GBP)
Characteristic
Gross lending in billion GBP
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UK Finance. (September 11, 2023). Gross lending to small and medium enterprises (SMEs) in the United Kingdom (UK) from 1st quarter 2021 to 2nd quarter 2023 (in billion GBP) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/860665/lending-to-small-and-medium-businesses-uk/
UK Finance. "Gross lending to small and medium enterprises (SMEs) in the United Kingdom (UK) from 1st quarter 2021 to 2nd quarter 2023 (in billion GBP)." Chart. September 11, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/860665/lending-to-small-and-medium-businesses-uk/
UK Finance. (2023). Gross lending to small and medium enterprises (SMEs) in the United Kingdom (UK) from 1st quarter 2021 to 2nd quarter 2023 (in billion GBP). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/860665/lending-to-small-and-medium-businesses-uk/
UK Finance. "Gross Lending to Small and Medium Enterprises (Smes) in The United Kingdom (Uk) from 1st Quarter 2021 to 2nd Quarter 2023 (in Billion Gbp)." Statista, Statista Inc., 11 Sep 2023, https://www.statista.com/statistics/860665/lending-to-small-and-medium-businesses-uk/
UK Finance, Gross lending to small and medium enterprises (SMEs) in the United Kingdom (UK) from 1st quarter 2021 to 2nd quarter 2023 (in billion GBP) Statista, https://www.statista.com/statistics/860665/lending-to-small-and-medium-businesses-uk/ (last visited August 25, 2024)
Gross lending to small and medium enterprises (SMEs) in the United Kingdom (UK) from 1st quarter 2021 to 2nd quarter 2023 (in billion GBP) [Graph], UK Finance, September 11, 2023. [Online]. Available: https://www.statista.com/statistics/860665/lending-to-small-and-medium-businesses-uk/