2 weeks ago - Today, we’ve held Bank Rate at 3.75%. So far, higher global energy costs have had a limited effect on price and wage setting in the UK. But the longer this volatility persists, the bigger the impact it will have on inflation, and the more likely it is we will need to raise Bank Rate to ensure that inflation falls back to our 2% target. ... This video requires third-party analytical cookies to play. Read our cookie policy for more information. Accept cookies and load the video Technical briefing · QT and APF technical briefing slides - 17 September 2026 · Interest is what you pay for borrowing money and what banks pay you for saving money with them.

2 weeks ago - Since then, it has fallen a lot and the pressures that caused price rises had eased. As a result, we were able to start reducing interest rates in August 2024 from 5.25% down to 3.75% in December 2025.

1 day ago - QT involves the Bank reducing the amount of the assets it had accumulated during QE. In March 2020 the Bank introduced measures in response to Covid-19. Interest rates were cut to 0.1% – the lowest they have ever been.

April 8, 2026 - The economic news in December did ... in economic growth. On 18 December, the Bank of England’s Monetary Policy Committee (MPC) reduced its benchmark interest rate by 0.25 percentage points to 3.75%, as had been widely ...

1 month ago - Following a cut in the bank base rate in February 2025, the UK's central bank implemented three further cuts by December 2025.

1 week ago - The Bank of England cut its benchmark interest rate to 4% in August 2025. However, there are signs that UK inflation might be persisting.

December 18, 2025 - The Bank of England has cut borrowing costs to 3.75%.

December 18, 2025 - Edited by Jamie Whitehead and Ben Hatton, with business reporter Michael Race at the Bank of England ... The Bank of England has cut interest rates from 4% to 3.75% - the lowest level in nearly three years.

December 18, 2025 - Interest rates have been cut to 3.75%, the lowest level in almost three years, but further reductions are set to be a "closer call", the Bank of England has said.

February 18, 2026 - UK inflation tumbled to 3% in January, giving a boost to hopes of an early cut in interest rates by the Bank of England.

2 weeks ago - Important information - the value of investments and the income from them can go down as well as up, so you may get back less than you invest. Interest rates were held at 3.75% in September despite markets pricing in as many as five interest ...

December 18, 2025 - Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living. ... The Bank of England in central London.

December 18, 2025 - Interest rates have been reduced to their lowest in nearly three years as Budget measures are set to push down on inflation but the Bank of England cautioned that further cuts will be a “closer call”. The Bank’s Monetary Policy Committee ...

1 week ago - According to The Guardian newspaper ... to respond to falling inflation by reducing its benchmark interest rate to 4.5% by the end of the year....

Tracker mortgage rates will decrease in line with the base rate. Our Standard Mortgage Rate (SMR) will decrease from 6.74% to 6.49%. Our Base Mortgage Rate (BMR) will decrease from 6% to 5.75% You can find the type of mortgage you're on and your interest rate by using our online Mortgage Manager.

December 18, 2025 - On 17 December 2025, the Bank of England’s Monetary Policy Committee (MPC) voted by a narrow 5 to 4 majority to cut interest rates by 0.25%, reducing the Bank Rate to 3.75%. This is the latest step in a gradual easing cycle that has seen the ...

February 18, 2026 - “Inflation is likely to drift ... interest rate currently sits at 3.75% after steady reductions over the past year and a half, which have brought it down from a peak of 5.25%....

2 weeks ago - A falling base rate is likely to mean a reduction in the returns offered to savers by banks and building societies and vice versa. As of 17 September, Moneyfacts said the average rate for an easy access savings account based on a balance of ...

1 week ago - Meanwhile, the UK economy grew ... month prior. Between August 2024 and December 2025, the Bank of England cut interest rates six times – roughly once a quarter, and each time by 0.25 percentage points....

1 week ago - The benchmark interest rate in the United Kingdom was last recorded at 3.75 percent. This page provides - United Kingdom Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.