Bank Rate since 1990
Source: BIS central bank policy rates
Every rate change
| Effective | New rate | Change |
|---|---|---|
| Dec 18, 2025 | 3.75% | −25 bp |
| Aug 7, 2025 | 4.00% | −25 bp |
| May 8, 2025 | 4.25% | −25 bp |
| Feb 6, 2025 | 4.50% | −25 bp |
| Nov 7, 2024 | 4.75% | −25 bp |
| Aug 1, 2024 | 5.00% | −25 bp |
| Aug 3, 2023 | 5.25% | +25 bp |
| Jun 22, 2023 | 5.00% | +50 bp |
| May 11, 2023 | 4.50% | +25 bp |
| Mar 23, 2023 | 4.25% | +25 bp |
| Feb 2, 2023 | 4.00% | +50 bp |
| Dec 15, 2022 | 3.50% | +50 bp |
| Nov 3, 2022 | 3.00% | +75 bp |
| Sep 22, 2022 | 2.25% | +50 bp |
| Aug 4, 2022 | 1.75% | +50 bp |
| Jun 16, 2022 | 1.25% | +25 bp |
| May 5, 2022 | 1.00% | +25 bp |
| Mar 17, 2022 | 0.75% | +25 bp |
| Feb 3, 2022 | 0.50% | +25 bp |
| Dec 16, 2021 | 0.25% | +15 bp |
| Mar 19, 2020 | 0.10% | −15 bp |
| Mar 11, 2020 | 0.25% | −50 bp |
| Aug 2, 2018 | 0.75% | +25 bp |
| Nov 2, 2017 | 0.50% | +25 bp |
| Aug 4, 2016 | 0.25% | −25 bp |
| Mar 5, 2009 | 0.50% | −50 bp |
| Feb 5, 2009 | 1.00% | −50 bp |
| Jan 8, 2009 | 1.50% | −50 bp |
| Dec 4, 2008 | 2.00% | −100 bp |
| Nov 6, 2008 | 3.00% | −150 bp |
| Oct 8, 2008 | 4.50% | −50 bp |
| Apr 10, 2008 | 5.00% | −25 bp |
| Feb 7, 2008 | 5.25% | −25 bp |
| Dec 6, 2007 | 5.50% | −25 bp |
| Jul 5, 2007 | 5.75% | +25 bp |
| May 10, 2007 | 5.50% | +25 bp |
| Jan 11, 2007 | 5.25% | +25 bp |
| Nov 9, 2006 | 5.00% | +25 bp |
| Aug 3, 2006 | 4.75% | +25 bp |
| Aug 4, 2005 | 4.50% | −25 bp |
| Aug 5, 2004 | 4.75% | +25 bp |
| Jun 10, 2004 | 4.50% | +25 bp |
| May 6, 2004 | 4.25% | +25 bp |
| Feb 5, 2004 | 4.00% | +25 bp |
| Nov 6, 2003 | 3.75% | +25 bp |
| Jul 10, 2003 | 3.50% | −25 bp |
| Feb 6, 2003 | 3.75% | −25 bp |
| Nov 8, 2001 | 4.00% | −50 bp |
| Oct 4, 2001 | 4.50% | −25 bp |
| Sep 18, 2001 | 4.75% | −25 bp |
| Aug 2, 2001 | 5.00% | −25 bp |
| May 10, 2001 | 5.25% | −25 bp |
| Apr 5, 2001 | 5.50% | −25 bp |
| Feb 8, 2001 | 5.75% | −25 bp |
| Feb 10, 2000 | 6.00% | +25 bp |
| Jan 13, 2000 | 5.75% | +25 bp |
| Nov 4, 1999 | 5.50% | +25 bp |
| Sep 8, 1999 | 5.25% | +25 bp |
| Jun 10, 1999 | 5.00% | −25 bp |
| Apr 8, 1999 | 5.25% | −25 bp |
| Feb 4, 1999 | 5.50% | −50 bp |
| Jan 7, 1999 | 6.00% | −25 bp |
| Dec 10, 1998 | 6.25% | −50 bp |
| Nov 5, 1998 | 6.75% | −50 bp |
| Oct 8, 1998 | 7.25% | −25 bp |
| Jun 4, 1998 | 7.50% | +25 bp |
| Nov 6, 1997 | 7.25% | +25 bp |
| Aug 7, 1997 | 7.00% | +25 bp |
| Jul 10, 1997 | 6.75% | +25 bp |
| Jun 6, 1997 | 6.50% | +25 bp |
| May 6, 1997 | 6.25% | +31 bp |
| Oct 30, 1996 | 5.94% | +25 bp |
| Jun 6, 1996 | 5.69% | −25 bp |
| Mar 8, 1996 | 5.94% | −19 bp |
| Jan 18, 1996 | 6.13% | −25 bp |
| Dec 13, 1995 | 6.38% | −25 bp |
| Feb 2, 1995 | 6.63% | +50 bp |
| Dec 7, 1994 | 6.13% | +50 bp |
| Sep 12, 1994 | 5.63% | +50 bp |
| Feb 8, 1994 | 5.13% | −25 bp |
| Nov 23, 1993 | 5.38% | −50 bp |
| Jan 26, 1993 | 5.88% | −100 bp |
| Nov 13, 1992 | 6.88% | −100 bp |
| Oct 16, 1992 | 7.88% | −100 bp |
| Sep 22, 1992 | 8.88% | −100 bp |
| May 5, 1992 | 9.88% | −50 bp |
| Sep 4, 1991 | 10.38% | −50 bp |
| Jul 12, 1991 | 10.88% | −50 bp |
| May 24, 1991 | 11.38% | −50 bp |
| Apr 12, 1991 | 11.88% | −50 bp |
| Mar 22, 1991 | 12.38% | −50 bp |
| Feb 27, 1991 | 12.88% | −50 bp |
| Feb 13, 1991 | 13.38% | −50 bp |
| Oct 8, 1990 | 13.88% | −100 bp |
| Jan 2, 1990 | 14.88% | start of series |