Interest Rates 2025 Uk Banks. The bank of england has cut interest rates in 2025,. Inflation is currently 2.5%, however, rate cuts are still expected over the course of 2025.
This statistical release contains average interest rates across deposit or loan accounts with uk banks and building societies, calculated using data on rates and balances. A historical glimpse at uk interest rates a review of the bank of england’s interest rate history reveals a significant shift in approach beginning in february 2008.