🏡 The UK’s lending landscape is shifting, with banks directing more credit towards property than productive sectors like manufacturing and construction. 📊 In 2024, mortgage lending grew by £19bn, while net lending to manufacturing shrank by £1.2bn. Overall, productive industries saw just £1bn in additional lending, highlighting a structural imbalance in credit allocation. 💷 With 54.3% of bank lending tied to mortgages and only 16.9% going to non-financial companies, concerns are growing that the financial system is prioritising asset appreciation over real economic expansion. Could a rebalancing of lending priorities better support long-term growth? *Read more here:* https://on.ft.com/4hTUzyq