United Kingdom Interest Rate

3.8% +0 pt

Jul 2026 · Monthly

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.

United Kingdom Interest Rate, 1990–2026
ActualPreviousHighestLowestDatesFrequency
3.8%3.8%17.0%Jun 19800.1%Nov 20211946 – 2026Monthly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Exchange Rate0.74 per USD0.75 per USD0.91 per USD0.36 per USDAug 2026Monthly
Inflation Rate3.0%2.8%26.9%-0.8%Jul 2026Monthly

About this series

Interest Rate in United Kingdom averaged 4.0% from 1946 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

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

United Kingdom Interest Rate FAQ