Deposit Interest Rate in the United Kingdom remained unchanged at 0 percent in December from 0 percent in November of 2020. source: Bank of England
Deposit Interest Rate in the United Kingdom averaged 0.15 percent from 2008 until 2020, reaching an all time high of 4.25 percent in October of 2008 and a record low of 0 percent in March of 2009. This page includes a chart with historical data for Deposit Interest Rate in the United Kingdom. United Kingdom Operational Standing Deposit Facility Rate - values, historical data and charts - was last updated on January of 2021.
Deposit Interest Rate in the United Kingdom is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in the United Kingdom to stand at -0.20 in 12 months time. In the long-term, the United Kingdom Operational Standing Deposit Facility Rate is projected to trend around -0.20 percent in 2022, according to our econometric models.