Interest - Base Rate

1989
  • b/f 13.00%
  • May 24 - 14.00%
  • October 5 - 15.00%
1990
  • October 8 - 14.00%
1991
  • February 13 - 13.50%
  • February 21 - 13.00%
  • March 22 - 12.50%
  • April 12 - 12.00%
  • May 24 - 11.50%
  • July 12 - 11.00%
  • September 4 - 10.50%
1992
  • May 5 - 10%
  • ERM 15%
  • September 16 - 12.00%
  • September 17 - 10.00%
  • September 22 - 9.00%
  • October 16 - 8.00%
  • November 13 - 7.00%
1993
  • January 26 - 6.00%
  • November 23 - 5.50%
1994
  • February 8 - 5.25%
  • September 12 - 5.75%
  • December 7 - 6.25%
1995
  • February 2 - 6.75%
  • December 13 - 6.50%
1996
  • January 18 - 6.25%
  • March 8 - 6.00%
  • June 6 - 5.75%
  • October 30 - 6.00%
1997
  • May 6 - 6.25%
  • June 6 - 6.50%
  • July 10 - 6.75%
  • August 7 - 7.00%
  • November 1997 - 7.25%
1998
  • June 4 - 7.50%
  • October 8 - 7.25%
  • November 5 - 6.75%
  • December 10 - 6.25%
1999
  • January 7 - 6.00%
  • February 4 - 5.50%
  • April 8 - 5.25%
  • June 10 - 5.00%
  • September 8 - 5.25%
  • November 4 - 5.50%
2000
  • January 13 - 5.75%
  • February 10 - 6.00%
2001
  • February 8 - 5.75%
  • April 5 - 5.50%
  • May 10 - 5.25%
  • August 2 - 5.00%
  • September 18 - 4.75%
  • October 4 - 4.50%
  • November 8 - 4.00%
2002
  • Unchanged all year (4.00% since 8 November 2001)
2003
  • February 8 - 3.75%
  • July 10 - 3.50%
  • November 6 - 3.75%
2004
  • February 5 - 4.00%
  • May 6 - 4.25%
  • June 10 - 4.50%
  • August 5 - 4.75%
2005
  • August 4 - 4.50%
2006
  • August 3 - 4.75%
  • November 9 - 5.00%
2007
  • January 11 - 5.25%
  • May 10 - 5.50%
  • July 5 - 5.75%
  • December 6 - 5.50%
2008
  • February 7 - 5.25%
  • April 10 - 5.00%
  • October 8 - 4.50%
  • November 6 - 3.00%
  • December 4 - 2.00%
2009
  • January 8 - 1.50%
  • February 5 - 1.00%
  • March 5 - 0.5%
2010
  • 0.5% unchanged all year (0.5% since 5 March, 2009)
2011
  • 0.5% unchanged all year (0.5% since 5 March, 2009)
2012
  • Unchanged all year (0.5% since 5 March, 2009)
2013
  • Unchanged all year (0.5% since 5 March, 2009)
2014
  • Unchanged all year - (0.5% since 5 March 2009)
2015
  • Unchanged all year - (0.5% since 5 March 2009)
2016
  • 4 August 2016 - 0.25%
2017
  • 2 November 2017 - 0.5%
2018
  • 0.5% (since 2 November 2017)
  • 2 August 2018 - 0.75%
2019
  • 0.75% (since 2 August 2018)
2020
  • 0.75% (since 2 August 2018)
  • 11 March 2020 - 0.25%
  • 19 March 2020 - 0.10%. (now at the lowest ever in the Bank of England’s 325-year history)
Interest rates since 1989