Skip to content

Back to Money and interest rates

Bank Rate

The interest rate the Bank of England sets. Mortgages, savings and loans all follow it. It holds its level between decisions, so the line is drawn as a step.

UK

17 Sep 2026

3.75%

Bank Rate, UK, 2 Jan 1975 to 17 Sep 2026
PeriodBank Rate (%)
10 Jun 19995.00%
8 Sept 19995.25%
4 Nov 19995.50%
13 Jan 20005.75%
10 Feb 20006.00%
8 Feb 20015.75%
5 Apr 20015.50%
10 May 20015.25%
2 Aug 20015.00%
18 Sept 20014.75%
4 Oct 20014.50%
8 Nov 20014.00%
6 Feb 20033.75%
10 Jul 20033.50%
6 Nov 20033.75%
5 Feb 20044.00%
6 May 20044.25%
10 Jun 20044.50%
5 Aug 20044.75%
4 Aug 20054.50%
3 Aug 20064.75%
9 Nov 20065.00%
11 Jan 20075.25%
10 May 20075.50%
5 Jul 20075.75%
6 Dec 20075.50%
7 Feb 20085.25%
10 Apr 20085.00%
8 Oct 20084.50%
6 Nov 20083.00%
4 Dec 20082.00%
8 Jan 20091.50%
5 Feb 20091.00%
5 Mar 20090.50%
4 Aug 20160.25%
2 Nov 20170.50%
2 Aug 20180.75%
11 Mar 20200.25%
19 Mar 20200.10%
16 Dec 20210.25%
3 Feb 20220.50%
17 Mar 20220.75%
5 May 20221.00%
16 Jun 20221.25%
4 Aug 20221.75%
22 Sept 20222.25%
3 Nov 20223.00%
15 Dec 20223.50%
2 Feb 20234.00%
23 Mar 20234.25%
11 May 20234.50%
22 Jun 20235.00%
3 Aug 20235.25%
1 Aug 20245.00%
7 Nov 20244.75%
6 Feb 20254.50%
8 May 20254.25%
7 Aug 20254.00%
18 Dec 20253.75%
17 Sept 20263.75%
Bank Rate changes only when the Monetary Policy Committee decides, so the line is drawn as a step. It holds its level between decisions rather than drifting.

How this is measured

Published by
Bank of England
Series
IUDBEDR
Covers
UK
Published
Daily
History
2 Jan 1975 to 17 Sep 2026
Last published
17 Sep 2026

Contains public sector information licensed under the Open Government Licence v3.0, and data from the Bank of England Interactive Statistical Database. TrackBritain is not affiliated with the Bank of England.

Related trackers

Where this data comes from