Interest Rates In 2024 Uk. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. The applicable rpi rate is 13.5% for the period 1 september 2023 to 31 august 2024.
This page was last updated on 1 august 2024. Uk long term interest rate data is updated monthly, available from jan 1993 to jul 2024.