Interest rates
Date
Percentage
7th August 2025
4.00%
8th May 2025
4.25%
6th February 2025
4.50%
7th November 2024
4.75%
1st August 2024
5.00%
3rd August 2023
5.25%
22nd June 2023
5.00%
11th May 2023
4.50%
23rd March 2023
4.25%
2nd February 2023
4.00%
15th December 2022
3.50%
3rd November 2022
3.00%
22nd September 2022
2.25%
4th August 2022
1.75%
16th June 2022
1.25%
5th May 2022
1.00%
17th March 2022
0.75%
3rd February 2022
0.50%
16th December 2021
0.25%
19th March 2020
0.10%
11th March 2020
0.25%
2nd August 2018
0.75%
2nd November 2017
0.50%
4th August 2016
0.25%
5th March 2009
0.50%
5th February 2009
1.00%
8th January 2009
1.50%
4th December 2008
2.00%
6th November 2008
3.0%
8th October 2008
4.50%
10th April 2008
5.00%
7th February 2008
5.25%
6th December 2007
5.50%
5th July 2007
5.75%
10th May 2007
5.50%
11th January 2007
5.25%
9th November 2006
5.00%
3rd August 2006
4.75%
4th August 2005
4.50%
With the exception of Statutory Sick Pay, statutory payments may be payable at 90% average weekly earnings throughout the payment period in certain circumstances. This applies where 90% weekly earnings are less than the standard rate of £187.18.
