Deposit Interest Rate in the United Kingdom remained unchanged at 3.50 percent in March. Deposit Interest Rate in the United Kingdom averaged 0.98 percent from 2008 until 2026, reaching an all time high of 5.00 percent in August of 2023 and a record low of 0.00 percent in March of 2009. source: Bank of England
Deposit Interest Rate in the United Kingdom is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Operational Standing Deposit Facility Rate is projected to trend around 3.00 percent in 2027 and 2.75 percent in 2028, according to our econometric models.