Bank Lending Rate in the United Kingdom remained unchanged at 1.75 percent in December from 1.75 percent in November of 2019. Bank Lending Rate in the United Kingdom averaged 7.27 percent from 1950 until 2019, reaching an all time high of 18 percent in November of 1979 and a record low of 1.25 percent in August of 2016. In the United Kingdom, the prime lending rate is the average rate of interest charged on loans by major commercial banks to private individuals and companies. This page provides – United Kingdom Prime Lending Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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