The Bank of England said M4 money, a broad measure of money supply, increased sharply in June, rising by 1.6 pct from May on a seasonally adjusted basis, for a 13.7 pct year-on-year rise. The figures are well above analysts' expectations for more modest increases of 0.7 and 12.3 pct respectively and follow rises of 0.7 and 11.3 pct in May. Elsewhere, the BoE said M4 lending rose sharply during the month by 29.0 bln stg, up substantially on May's increase of 19.7 bln stg. M4 lending refers to sterling loans made by the central bank, banks and building societies to the private sector. Excluding the effects of securitisations, M4 lending was 30.7 bln stg higher in June, again well above May's 20.7 bln