Hello Bigbadjohn,
The UK bank interest rate is currently at 3.75%
Here is the data from 1988 and the present.
1988
Feb 9.00
Mar 8.50-9.00
Mar 8.50
Apr 8,00
May 7.50-8.00
May 7,50
Jun 7.50-8.00
Jun 8.00
Jun 8.00-8.50
Jun 8.50
Jun 8.50-9.00
Jun 9.00
Jun 9.00-9.50
Jun 9.50
Jul 9.50-10.00
Jul 10.00
Jul 10.00-10.50
Jul 10.50
Aug 10.50-11.00
Aug 11.00
Aug 11.00-12.00
Aug 12.00
Nov 13.00
1989
May 14.00
Oct 15.00
1990
Oct 14.00
1991
Feb 13.50
Feb 13.00
Mar 12.50
Apr 12.00
May 11.50
Jul 11.00
Sep 10.50
1992
May 10.00
Sep 12,00
Sep 10.00-12.00
Sep 10.00
Sep 9,00
Oct 8.00-9.00
Oct 8.00
Nov 7,00
1993
Jan 6,00
Nov 5,50
1994
Feb 5,25
Sep 5,75
Dec 6,25
1995
Feb 6.25-6.75
Feb 6,75
Dec 6,50
1996
Jan 6,25
Mar 6,00
Jun 5,75
Oct 5.75-6.00
Oct 6,00
1997
May 6,25
Jun 6.25-6.50
Jun 6,50
Jul 6,75
Aug 7,00
Nov 7,25
1998
Jun 7,50
Oct 7,25
Nov 6,75
Dec 6,25
1999
Jan 6,00
Feb 5,50
Apr 5,25
Jun 5,00
Sep 5.00-5.25
Sep 5,25
Nov 5,50
2000
Jan 5,75
Feb 6,00
2001
Feb 5,75
Apr 5,50
May 5,25
Aug 5,00
Sep 4,75
Oct 4,50
Nov 4,00
2003
Feb 3,75
Jul 3,5000
Nov 3,7500
The Base Rate is the interest rate set by the Bank of England.
Source:
Bank of England's Monetary and Financial Statistics Division
This is an Excel File ? Data take from ?Banks? Base Rates?
http://www.bankofengland.co.uk/mfsd/rates/baserates.xls
Here is a table illustrating the interest rates from 1985 to the present.
UK Bank Base Rates (interest rates)
http://www.watsonwyatt.com/europe/pubs/statistics/render_stats.asp?ID=9597
On page 2 of the Housing Market Report you will find a graph showing
the interest rates from 1988 to the present.
Fig 3: UK interest rates and the RPI (updated Dec 03)
Base rate = Interest rate
Building Societies Commission, Office for National Statistics
& Bank of England
http://www.odpm.gov.uk/stellent/groups/odpm_housing/documents/downloadable/odpm_house_026587.pdf
Search criteria:
Bank of England interest rates 1990
Bank of England base rates 1988
I hope you find this helpful! If anything is unclear with my answer,
please ask for clarification.
Best wishes,
Bobbie7 |