Cut by 25 bp to 3.75% on 18 Dec 2025; the sixth cut in a row since 1 Aug 2024, −150 bp in all.
Bank Rate
Every change of the rate
| Date | Move | From | To | Size |
|---|---|---|---|---|
| 18 Dec 2025 | Cut | 4.00% | 3.75% | −25 bp |
| 7 Aug 2025 | Cut | 4.25% | 4.00% | −25 bp |
| 8 May 2025 | Cut | 4.50% | 4.25% | −25 bp |
| 6 Feb 2025 | Cut | 4.75% | 4.50% | −25 bp |
| 7 Nov 2024 | Cut | 5.00% | 4.75% | −25 bp |
| 1 Aug 2024 | Cut | 5.25% | 5.00% | −25 bp |
| 3 Aug 2023 | Hike | 5.00% | 5.25% | +25 bp |
| 22 Jun 2023 | Hike | 4.50% | 5.00% | +50 bp |
| 11 May 2023 | Hike | 4.25% | 4.50% | +25 bp |
| 23 Mar 2023 | Hike | 4.00% | 4.25% | +25 bp |
| 2 Feb 2023 | Hike | 3.50% | 4.00% | +50 bp |
| 15 Dec 2022 | Hike | 3.00% | 3.50% | +50 bp |
The 25 earlier decisions, back to Jan 2007
| Date | Move | From | To | Size |
|---|---|---|---|---|
| 3 Nov 2022 | Hike | 2.25% | 3.00% | +75 bp |
| 22 Sept 2022 | Hike | 1.75% | 2.25% | +50 bp |
| 4 Aug 2022 | Hike | 1.25% | 1.75% | +50 bp |
| 16 Jun 2022 | Hike | 1.00% | 1.25% | +25 bp |
| 5 May 2022 | Hike | 0.75% | 1.00% | +25 bp |
| 17 Mar 2022 | Hike | 0.50% | 0.75% | +25 bp |
| 3 Feb 2022 | Hike | 0.25% | 0.50% | +25 bp |
| 16 Dec 2021 | Hike | 0.10% | 0.25% | +15 bp |
| 19 Mar 2020 | Cut | 0.25% | 0.10% | −15 bp |
| 11 Mar 2020 | Cut | 0.75% | 0.25% | −50 bp |
| 2 Aug 2018 | Hike | 0.50% | 0.75% | +25 bp |
| 2 Nov 2017 | Hike | 0.25% | 0.50% | +25 bp |
| 4 Aug 2016 | Cut | 0.50% | 0.25% | −25 bp |
| 5 Mar 2009 | Cut | 1.00% | 0.50% | −50 bp |
| 5 Feb 2009 | Cut | 1.50% | 1.00% | −50 bp |
| 8 Jan 2009 | Cut | 2.00% | 1.50% | −50 bp |
| 4 Dec 2008 | Cut | 3.00% | 2.00% | −100 bp |
| 6 Nov 2008 | Cut | 4.50% | 3.00% | −150 bp |
| 8 Oct 2008 | Cut | 5.00% | 4.50% | −50 bp |
| 10 Apr 2008 | Cut | 5.25% | 5.00% | −25 bp |
| 7 Feb 2008 | Cut | 5.50% | 5.25% | −25 bp |
| 6 Dec 2007 | Cut | 5.75% | 5.50% | −25 bp |
| 5 Jul 2007 | Hike | 5.50% | 5.75% | +25 bp |
| 10 May 2007 | Hike | 5.25% | 5.50% | +25 bp |
| 11 Jan 2007 | Hike | 5.00% | 5.25% | +25 bp |
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