Bank of England Base Rate

Information and changes to the Bank Base Rate

Why might the base rate affect me?

The Bank of England's Monetary Policy Committee meets every month to determine what needs to be done to its official bank rate to manage the economy.

On certain products, our interest rates are linked to the Bank’s Base Rate, which is influenced by changes in the Bank of England Base Rate.

Your rate may also change if your current deal ends.

How have interest rates changed recently?

The table outlines recent and historic changes to the Bank’s Base Rate.