Please Note: This Article is 6 years old. This increases the likelihood that some or all of it's content is now outdated.

The Bank  Rate is the rate currently referred to as the Bank of England’s UK Repo Rate. It has been variously referred to as: Bank Rate, Minimum Lending Rate, Minimum Band 1 Dealing Rate, and Dealing Rate.

The Bank Base Rate is currently 0.5% last changed 5th Mar 2009

[table type=’1′]

Year Month Base Rate % Change %
2009 5th Mar 0.5 -0.5
5th Feb 1.00 -0.5
8th Jan 1.5 -0.5
2008 4th Dec 2.00 -1
6th Nov 3.00 -1.5
8th Oct 4.50 -0.25
10th April 5.00 -0.25
7th Feb 5.25 -0.25
2007 6th Dec 5.50 -0.25
2007 5th July 5.75 +0.25
2007 10th May 5.50 +0.25
2007 11th Jan 5.25 +0.25
2006 9th Nov 5.00 +0.25
3rd Aug 4.75 +0.25
2005 4th Aug 4.50 -0.25
2004 5th Aug 4.75 +0.25
10th June 4.50 +0.25
6th May 4.25 +0.25
5th Feb 4.00 +0.25
2003 6th Nov 3.75 +0.25
10th July 3.50 -0.25
7th Feb 3.75 -0.25
2001 8th Nov 4.00 -0.50
4rd Oct 4.50 -0.25
19th Sept 4.75 -0.25
2nd Aug 5.00 -0.25
10th May 5.25 -0.25
5th April 5.50 -0.25
8th Feb 5.75 -0.25
10th Feb 6.00 +0.25
2000 13th Jan 5.75 +0.25

[/table]

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Please Note: This Article is 6 years old. This increases the likelihood that some or all of it's content is now outdated.

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