Bank of England

Bank of England Bank Rate

View country page: United Kingdom

3.75%

-0.25 pp last change ()

As of | Daily (policy rate; changes on MPC decision days)

Mean
6.12%
Median
5.25%
Min
0.10%
Max
17.00%
DateRate
3.75
3.75
3.75
3.75
3.75
3.75
3.75
3.75
3.75
3.75
4.00
4.00
4.00
4.00
4.25
4.25
4.25
4.50
4.50
4.50
4.75
4.75
4.75
5.00

About Bank Rate

Bank of England policy rate (IUDBEDR). Current: 3.75% on Sep 17, 2026. Daily series from 1975; chart is stepped at MPC decisions.

From Jan 2, 1975 to Sep 17, 2026 (13,072 observations): mean 6.12%, median 5.25%; low 0.10% (Mar 19, 2020), high 17.00% (Nov 15, 1979). Not a UK mortgage or savings rate.

Source: Bank of England Statistical Database, series IUDBEDR. Licence: Bank of England open data terms (attribution required) (terms). Files: data/raw/boe-bank-rate.csv.

Reading the figures

Bank Rate is the rate paid on reserves held at the Bank of England. The Monetary Policy Committee sets it. SONIA, shown separately, measures actual unsecured overnight sterling transactions.

Read the latest value together with its observation date. The change compares it with the previous observation; when a policy rate is unchanged, the last actual move is shown where available. Percentage points measure the difference between two rates; a percentage change measures that difference relative to the earlier value. The summary statistics describe the history used on this page, not a forecast or a separate official aggregate.

The chart and table present the same series, with the newest table entries first. Range controls filter the chart without changing the data or recalculating the summary statistics. Explore enables zoom and pan. A policy rate, a market benchmark and a retail survey average are different measures; none is a personal loan or deposit offer.