Money Watch – Personal Finance Blog

UK Interest Rates Since 1694

At just 0.5%, we’re currently experiencing the lowest rate of interest since the Bank of England was founded back in 1694.

Want proof?

Well, why not check out each and every interest rate since its beginning, courtesy of new data released by the Guardian. 

Marvel as the rate remains unchanged for a hundred years between 1720 and 1820, or just imagine how much you’d save or how eye-wateringly high your mortgage repayment would be if interest rates hit the heights of 17% again, as they were back in 1979.

I’m sure there must be a good use for all of this data, I just can’t think of it at the moment.

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