UK broad money, M4ex, is defined as M4 excluding intermediate other financial corporations (OFCs). M4ex increased by £15.9 billion in September, compared to the average monthly increase of £13.0 billion over the previous six months. The threemonth annualised and twelve-month growth rates were 10.0% and 7.7% respectively.

M4Lex is defined as M4 lending excluding intermediate OFCs. M4Lex increased by £8.3 billion in September, compared to the average monthly increase of £9.6 billion over the previous six months. The three-month annualised and twelve-month growth rates were 4.0% and 6.4% respectively.

Households' holdings of M4 increased by £8.2 billion in September, compared to the average monthly increase of £7.7 billion over the previous six months. The three-month annualised and twelve-month growth rates were both 6.9%.

Deposits from financial and non-financial businesses decreased by £16.8 billion in September, compared to the average monthly increase of £13.5 billion over the previous six months. The decrease was mainly in deposits from businesses in the financial services industry (£22.8 billion). The twelve-month growth rate was 6.4%.

Loans to financial and non-financial businesses decreased by £18.5 billion in September, compared to the average monthly increase of £2.5 billion over the previous six months. The decrease was mainly in loans to businesses in the financial services industry (£19.5 billion). The twelve-month growth rate was 1.1%.