Skip to content
Watch Live
British Broadcasting Corporation
  • Home
  • News
  • Football 2026
  • Sport
  • Business
  • Technology
  • Health
  • Culture
  • Arts
  • Travel
  • Earth
  • Audio
  • Video
  • Live
  • Documentaries
Watch Live

What are interest rates? A quick guide

19 December 2024

When will interest rates go down again?

Why are prices rising in the UK?

Savings
Personal finance
Bank of England
Mortgages

Related

Will UK interest rates go up?

NS&I to begin contacting victims of lost funds scandal

Bank of England says rates could rise as Iran war fuels inflation


More from the BBC
1 hr ago
News imageYoung woman with red hair, wearing beige jumper holds smartphone in one hand and household bills in the other

How the Iran war affects your money and bills

The conflict in the Middle East has increased pressure on the cost of petrol, household energy bills and even food.

1 hr ago
1 day ago
News imageA woman in a brown top and trousers pumps petrol into her car.

What's happening to UK petrol and diesel prices now the US and Iran have a deal?

When the conflict began on 28 February, fuel costs jumped as the war disrupted the production and transportation of energy across the Middle East.

1 day ago
2 days ago
News imageA woman sitting at a table and looking at houshold bills in her kitchen . In the background is a window showing green plants and trees

Millions of people can get discounts on their bills - here's how

Lower social tariffs allow many people on benefits to get cheaper deals for water, broadband and phone.

2 days ago
2 days ago
News imageWoman wearing glasses looks at phone which is prominent in the foreground.

Financial losses from scams hit £1.3bn a year as criminals turn to AI

On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.

2 days ago
2 days ago
News imageGuernsey Community Savings founder and now life president Peter Neville (left) with new chair James Ellis. Neville is wearing a navy fleece and glasses. Ellis is wearing a light brown blazer and blue shirt and glasses. The pair are shaking hands, looking at the camera and smiling.

Man who built Guernsey finance charity retires

Peter Neville stands down as head of the charity supporting people ineligible for mainstream banking.

2 days ago

British Broadcasting Corporation
  • Home
  • News
  • Football 2026
  • Business
  • Technology
  • Health
  • Culture
  • Arts
  • Travel
  • Earth
  • Sport
  • Audio
  • Video
  • Live
  • Documentaries
  • Weather
  • BBC Shop
  • BritBox

The BBC is in multiple languages

Read the BBC In your own language

BBC News Brasil
BBC News Mundo (Spanish)
BBC News မြန်မာ (Burmese)
BBC News 中文 (Chinese)
BBC News Indonesia
BBC News 코리아 (Korean)
BBC News ไทย (Thai)
BBC News Tiếng Việt (Vietnamese)
BBC News Azərbaycanca (Azeri)
BBC News Magyarul (Hungarian)
BBC News Кыргыз Кызматы (Kyrgyz)
BBC News Polska (Polish)
BBC News Русская служба (Russian)
BBC News na srpskom (Serbian)
BBC News Україна (Ukrainian)
BBC News O'zbek (Uzbek)
BBC News عربي (Arabic)
BBC News فارسی (Persian)
BBC News Türkçe (Turkish)
BBC News বাংলা (Bengali)
BBC News دری (Dari)
BBC News ગુજરાતી (Gujarati)
BBC News हिन्दी (Hindi)
BBC News मराठी (Marathi)
BBC News नेपाली (Nepali)
BBC News සිංහල (Sinhala)
BBC News پښتو (Pashto)
BBC News ਪੰਜਾਬੀ (Punjabi)
BBC News Afaan Oromoo
BBC News አማርኛ (Amharic)
BBC News Afrique (French)
BBC News Hausa
BBC News Gaelic NAIDHEACHDAN
BBC News Ìgbò
BBC News Japanese 日本語
BBC News Gahuza
BBC News Pidgin
BBC News Somali
BBC News Swahili
BBC News தமிழ் (Tamil)
BBC News తెలుగు (Telugu)
BBC News ትግርኛ (Tigrinya)
BBC News اردو (Urdu)
BBC News Yorùbá
BBC News World Service
Follow BBC on:
  • Terms of Use
  • Subscription Terms
  • About the BBC
  • Privacy Policy
  • Cookies
  • Accessibility Help
  • Contact the BBC
  • Advertise with us
  • Do not share or sell my info
  • BBC.com Help & FAQs
  • Content Index
  • Set Preferred Source

Copyright 2026 BBC. All rights reserved. The BBC is not responsible for the content of external sites. Read about our approach to external linking.

You might also like:

news | sport | weather | worklife | travel | future | culture | world | business | technology