Bank Lending Rate in the United Kingdom decreased to 8.98 percent in April from 9 percent in March of 2026. Bank Lending Rate in the United Kingdom averaged 7.34 percent from 2016 until 2026, reaching an all time high of 9.07 percent in February of 2026 and a record low of 6.42 percent in July of 2021. source: Bank of England



Related Last Previous Unit Reference
Bank Lending Rate 8.98 9.00 percent Apr 2026
CBI Distributive Trades -46.00 -68.00 Net Balance May 2026
GfK Consumer Confidence -23.00 -25.00 points May 2026
BoE Consumer Credit 1859.00 1904.00 GBP Million Apr 2026
Consumer Spending 419202.00 416740.00 GBP Million Mar 2026
Disposable Personal Income 442628.00 436779.00 GBP Million Dec 2025
Gasoline Prices 2.14 2.13 USD/Liter May 2026
Households Debt to GDP 73.90 73.90 percent of GDP Sep 2025
Net Lending to Individuals MoM 6227.00 8738.00 GBP Million Apr 2026
Personal Savings 9.90 9.10 percent Dec 2025
Retail Sales ex Fuel MoM -0.40 0.10 percent Apr 2026
Retail Sales MoM -1.30 0.60 percent Apr 2026
Retail Sales YoY 0.00 1.40 percent Apr 2026


United Kingdom Bank Lending Rate
In the United Kingdom, the lending rate refers to the monthly average of UK-resident banks' sterling-weighted average interest rate on other loans to individuals and individual trusts.
Actual Previous Highest Lowest Dates Unit Frequency
8.98 9.00 9.07 6.42 2016 - 2026 percent Monthly