Consumer finance estimates for London, built from published national totals and population figures.
£16.5bn
Consumer finance, 12 months
An estimated £16.5 billion of new consumer finance business was written by reporting lenders in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £126,020 million of new consumer finance business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£1,270m
Consumer finance, monthly
An estimated £1,270 million of new consumer finance business was written by reporting lenders in London in August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, August 2026
Estimate: £9,673 million of new consumer finance business was written by reporting lenders in the United Kingdom in August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£8,530m
Cards and loans, 12 months
An estimated £8,530 million of new credit card and personal loan business was written by reporting lenders in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £65,056 million of new credit card and personal loan business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£703m
Cards and loans, monthly
An estimated £703 million of new credit card and personal loan business was written by reporting lenders in London in August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, August 2026
Estimate: £5,359 million of new credit card and personal loan business was written by reporting lenders in the United Kingdom in August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£1,200m
Store credit, 12 months
An estimated £1,200 million of new retail store and online credit business was written by reporting lenders in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £9,177 million of new retail store and online credit business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£88m
Store credit, monthly
An estimated £88 million of new retail store and online credit business was written by reporting lenders in London in August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, August 2026
Estimate: £671 million of new retail store and online credit business was written by reporting lenders in the United Kingdom in August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£7,470m
Motor finance, 12 months
An estimated £7,470 million of new motor finance business (consumer and business cars) was written by reporting lenders in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £56,930 million of new motor finance business (consumer and business cars) was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£490m
Motor finance, monthly
An estimated £490 million of new motor finance business (consumer and business cars) was written by reporting lenders in London in August 2026.
Source: Estimate from Finance and Leasing Association consumer finance figures and ONS mid-2025 population estimates, Borrowing Data, August 2026
Estimate: £3,736 million of new motor finance business (consumer and business cars) was written by reporting lenders in the United Kingdom in August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
7,494,593
Residents aged 16 and over
The estimated population aged 16 and over in London was 7,494,593 at mid-2025.
Source: Population estimates - local authority based by single year of age (Nomis NM_2002_1), mid-year estimates, Office for National Statistics, 30 June 2025
ONS mid-year population estimates as returned by the Nomis 'Aged 16+' category, rebased to Census 2021 and 2022 where applicable. Usual residents.