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Official bank rate in the United Kingdom (UK) 2012-2022

Official bank base interest rate in the United Kingdom (UK) from January 2012 to August 2022

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Release date

September 2022


United Kingdom

Survey time period

January 2012 to September 2022

Supplementary notes

As specified by the source, the bank base rate is the most important interest rate in the UK. It is set by the Bank of England’s Monetary Policy Committee (MPC), usually eight times a year. It is sometimes referred to as the ‘Bank of England base rate’ or just ‘the interest rate’ in the news.
The official bank rate paid on commercial bank reserves.

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Statistics on "British Pound Sterling (GBP)"

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