UK consumer finances GTM –UK | 8 y Lending to individuals: Secured and unsecured lending Interest service ratio %, seasonally adjusted, three-month annualised growth rate %, ratio of interest payments to profits or income 40 Corporate sector Household sector 14 Unsecured Secured 13 UK econom 35 12 30 11 25 10 Average: 7.4 9 20 8 15 7 6 10 Average: 15.2 5 5 4 '88 '90 '92 '94 '96 '98 '00 '02 '04 '06 '08 '10 '12 '14 '16 Source: (Left) Bank of England, FactSet, J.P. Morgan Asset Management. (Right) ONS, FactSet, J.P. Morgan Asset Management. Guide to the Markets - UK. Data as of 31 December 2016. 8