United Kingdom Interest Rate
Jul 2026 · Monthly
The United Kingdom's policy interest rate held at 3.75% in August 2026, unchanged from July. The rate has remained at this level since December 2025, when it was cut from 4%. A year earlier, in August 2025, the benchmark stood at 4%, according to the Bank for International Settlements.
source: Bank for International Settlements
The United Kingdom's policy interest rate held steady at 3.75% in July 2026, unchanged from the previous month. The rate remains well below the all-time high of 17% from June 1980 and above the record low of 0.1% from November 2021. The series dates back to January 1946.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.8% | 3.8% | 17.0%Jun 1980 | 0.1%Nov 2021 | 1946 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Exchange Rate | 0.74 per USD | 0.75 per USD | 0.91 per USD | 0.36 per USD | Aug 2026 | Monthly |
| Inflation Rate | 3.0% | 2.8% | 26.9% | -0.8% | Jul 2026 | Monthly |
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About this series
Interest Rate in United Kingdom averaged 4.0% from 1990 until 2026, reaching an all-time high of 17.0% in Jun 1980 and a record low of 0.1% in Nov 2021. The series is reported monthly with history from 1946.
The policy interest rate is the benchmark rate set by the central bank to influence monetary conditions. It is expressed as an annual percentage and reported on a monthly basis. The historical series for the United Kingdom begins in January 1946.
Source & methodology
Bank for International Settlements · BIS central bank policy rates
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