Lending Rate in the United Kingdom increased to 0.75 percent in February from 0.50 percent in January of 2022. source: Bank of England
Lending Rate in the United Kingdom averaged 0.76 percent from 2008 until 2022, reaching an all time high of 4.75 percent in October of 2008 and a record low of 0.35 percent in March of 2020. This page provides - United Kingdom Operational Standing Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Operational Standing Lending Facility Rate - values, historical data and charts - was last updated on July of 2022.
Lending Rate in the United Kingdom is expected to be 0.75 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 Lending Facility Rate is projected to trend around 2.25 percent in 2023 and 2.50 percent in 2024, according to our econometric models.