What Is The Prime Interest Rate Today 2024 Uk. As of may 20, 2024, the current prime rate is 8.50%, according to the wall street journal’s money rates table. The central bank's monetary policy committee voted by a majority of.

The figures will add to the case for cutting interest rates when members of the bank of england’s monetary policy committee (mpc) meet this thursday. This statistical release contains average interest rates across deposit or loan accounts with uk banks and building.