2025 Interest Rates Uk

2025 Interest Rates Uk. The latest forecasts are for uk interest rates to start to go down from august 2025, where financial markets are pricing in around 2 cuts to the uk interest rate from 5.25% at the. Current bank rate 5% next due:

Uk interest rates were cut on 1 august 2025 for the first time since 2020, bringing some mild relief to households and businesses. The bank started raising rates in december 2021 and has kept interest rates at 5.25% since last summer in an attempt to slow the pace at which consumer prices.