As of February 2025, the largest bank listed on the London Stock Exchange (LSE) was the British-owned *************, with a market cap double that of the ***************************, the second-largest bank on the LSE.

The Sterling Overnight Index Average (SONIA) - UK’s replacement for GBP London Inter-Bank Offered Rate (LIBOR), administered by the Bank of England - amounted to **** percent as of the end of February 2025. This is well above the value of **** percent recorded at the end of January 2018. The LIBOR was one of the primary benchmarks for inter-bank short term lending interest rates around the world. It is calculated as an interest rate average using estimates submitted by the leading banks in London of how much they would be charged if they were to borrow from other banks. LIBOR was discontinued in the summer of 2023 and a variety of replacements have been offered since, among which the SONIA.

Open Banking Data - Bank and ATM locations Four csv files containing geolocations for Barclays' and HSBC's ATMs and branches in the UK. Their Open Banking API documentation is available in the following links: https://developer.hsbc.com/index.html https://developer.barclays.com/catalogue/api

United Kingdom UK: Human Capital Index (HCI): Male: Scale 0-1 data was reported at 0.773 NA in 2017. United Kingdom UK: Human Capital Index (HCI): Male: Scale 0-1 data is updated yearly, averaging 0.773 NA from Dec 2017 (Median) to 2017, with 1 observations. United Kingdom UK: Human Capital Index (HCI): Male: Scale 0-1 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Human Capital Index. The HCI calculates the contributions of health and education to worker productivity. The final index score ranges from zero to one and measures the productivity as a future worker of child born today relative to the benchmark of full health and complete education.; ; World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498; ;

The United Kingdom: Banking system z-scores: The latest value from 2021 is 18.11 index points, an increase from 17.63 index points in 2020. In comparison, the world average is 17.25 index points, based on data from 136 countries. Historically, the average for the United Kingdom from 2000 to 2021 is 13.77 index points. The minimum value, 5.06 index points, was reached in 2008 while the maximum of 23.7 index points was recorded in 2003.

Net barter terms of trade index (2000 = 100) in United Kingdom was reported at 91.1 in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Net barter terms of trade index (2000 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Banks employ various strategies to attract and retain their customer base, such as cheap overdrafts, in-credit interest and no withdrawal charges. While the number of new and active customers can be easily observed, customer satisfaction is trickier. Knowing how customers feel about the service received can help banks adjust to the dynamics of an increasingly competitive market. Customer satisfaction for leading banks in the UK According to the Which? customer satisfaction survey, as of November 2024, three digital banks, First Direct, Monzo Bank, and Starling Bank had the highest customer satisfaction score. According to the survey, 83 percent of these banks' customers were satisfied with the banks' services and products, and willing to recommend them to their friends. Investment in selected European countries Among the services that aim at making banking more customer-oriented and effortless is the current account switch service (CASS). CASS allows customers to change their bank account hassle-free, redirecting transactions and transferring payment arrangements. As of the second quarter of 2024, nine out of 20 banks observed increased their customer base following the CASS process. The highest gain-to-loss ratios were recorded by Danske Bank and Santander, gaining respectively 5.29 and 3.27 times more new customers than the ones lost to other banks.

United Kingdom UK: Business Extent of Disclosure Index data was reported at 10.000 NA in 2017. This stayed constant from the previous number of 10.000 NA for 2016. United Kingdom UK: Business Extent of Disclosure Index data is updated yearly, averaging 10.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 10.000 NA in 2017 and a record low of 10.000 NA in 2017. United Kingdom UK: Business Extent of Disclosure Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Business Environment. Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Graph and download economic data for Daily Sterling Overnight Index Average (SONIA) Rate (IUDSOIA) from 1997-01-02 to 2025-07-17 about sonia, Sterling, overnight, average, interest rate, interest, rate, and indexes.

Graph and download economic data for Inflation, consumer prices for the United Kingdom (FPCPITOTLZGGBR) from 1960 to 2024 about United Kingdom, consumer, CPI, inflation, price index, indexes, and price.

Real effective exchange rate index (2010 = 100) in United Kingdom was reported at 108 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Real effective exchange rate index (2000 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

United Kingdom UK: Depth of Credit Information Index: 0=Low To 8=High data was reported at 8.000 NA in 2017. This stayed constant from the previous number of 8.000 NA for 2016. United Kingdom UK: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 8.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 8.000 NA in 2017 and a record low of 8.000 NA in 2017. United Kingdom UK: Depth of Credit Information Index: 0=Low To 8=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Business Environment. Depth of credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 8, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

Logistics performance index: Quality of trade and transport-related infrastructure (1=low to 5=high) in United Kingdom was reported at 3.7 1=low to 5=high in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Logistics performance index: Quality of trade and transport-related infrastructure (1=low to 5=high) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Consumer Price Index in the United Kingdom (CPIUKA) from 1209 to 2016 about academic data, United Kingdom, consumer, CPI, price index, indexes, and price.

In the literature, the consensus about the importance of the independence of the central banks towards stable economic growth has been proven (e.g. Barro and Gordon 1983). The empirical papers studying this problem follow Cukierman, Webb, and Neyapti (1992) central bank independence index which does not include some important factors such as rule of law in the given country and defines the components of independence too generally. In this project, we aim to build an alternative index that will measure the central bank independence in more detail which will account for the rule of law and other relevant aspects that indirectly affect the true independence of the central bank. Obtaining the index, we will study whether the independence of the central bank has a positive effect on maintaining the given central bank's primary target. Furthermore, in this research, we aim to test whether our results differ from the previous findings in the empirical literature on the central bank independence and its effect on stable prices. Based on the obtained results, an optimal legislature of the central bank's independence shall be suggested. This panel dataset provides an assessment of the independence of central banks in 21 OECD countries (excluding the Eurozone), focusing on their monetary policy autonomy as determined by legislation in 2010, 2015, and 2020. Our data collection adopts a novel approach, building upon theinnovating methodology proposed by Cukierman et al. (1992), while incorporating revised components of the index that place greater emphasis on current standards of central bank independence. Additionally, we introduce new criteria to evaluate budgetary independence, an important aspect of central bank autonomy (Swinburne and Castello-Branco, 1991). The dataset serves as a valuable resource for empirical studies seeking to analyze the impact of monetary policy independence on economic performance. Furthermore, policymakers can draw insights from this index to enhance legislative frameworks and promote stronger performance in central bank independence.

This statistic ranks leading high street banks and savings brands by average BrandIndex Index score in the United Kingdom (UK) from July 1, 2018 to June 30, 2019. During the period of consideration, Nationwide ranked highest with a score of 19.6, followed by Post Office and NS&I Premium Bonds.

August 2024 marked a significant shift in the UK's monetary policy, as it saw the first reduction in the official bank base interest rate since August 2023. This change came after a period of consistent rate hikes that began in late 2021. In a bid to minimize the economic effects of the COVID-19 pandemic, the Bank of England cut the official bank base rate in March 2020 to a record low of *** percent. This historic low came just one week after the Bank of England cut rates from **** percent to **** percent in a bid to prevent mass job cuts in the United Kingdom. It remained at *** percent until December 2021 and was increased to one percent in May 2022 and to **** percent in October 2022. After that, the bank rate increased almost on a monthly basis, reaching **** percent in August 2023. It wasn't until August 2024 that the first rate decrease since the previous year occurred, signaling a potential shift in monetary policy. Why do central banks adjust interest rates? Central banks, including the Bank of England, adjust interest rates to manage economic stability and control inflation. Their strategies involve a delicate balance between two main approaches. When central banks raise interest rates, their goal is to cool down an overheated economy. Higher rates curb excessive spending and borrowing, which helps to prevent runaway inflation. This approach is typically used when the economy is growing too quickly or when inflation is rising above desired levels. Conversely, when central banks lower interest rates, they aim to encourage borrowing and investment. This strategy is employed to stimulate economic growth during periods of slowdown or recession. Lower rates make it cheaper for businesses and individuals to borrow money, which can lead to increased spending and investment. This dual approach allows central banks to maintain a balance between promoting growth and controlling inflation, ensuring long-term economic stability. Additionally, adjusting interest rates can influence currency values, impacting international trade and investment flows, further underscoring their critical role in a nation's economic health. Recent interest rate trends Between 2021 and 2024, most advanced and emerging economies experienced a period of regular interest rate hikes. This trend was driven by several factors, including persistent supply chain disruptions, high energy prices, and robust demand pressures. These elements combined to create significant inflationary trends, prompting central banks to raise rates in an effort to temper spending and borrowing. However, in 2024, a shift began to occur in global monetary policy. The European Central Bank (ECB) was among the first major central banks to reverse this trend by cutting interest rates. This move signaled a change in approach aimed at addressing growing economic slowdowns and supporting growth.

United Kingdom UK: Export Unit Value Index data was reported at 160.115 2000=100 in 2016. This records a decrease from the previous number of 164.753 2000=100 for 2015. United Kingdom UK: Export Unit Value Index data is updated yearly, averaging 164.753 2000=100 from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 195.842 2000=100 in 2011 and a record low of 98.259 2000=100 in 2001. United Kingdom UK: Export Unit Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Trade Index. Export unit value indices come from UNCTAD's trade database. Unit value indices are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna¬tional and national sources, and UNCTAD secretariat estimates.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files. (http://unctadstat.unctad.org); ;

Bank Lending Rate in the United Kingdom remained unchanged at 8.58 percent in May. This dataset provides - United Kingdom Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer price index (2010 = 100) in United Kingdom was reported at 147 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Consumer price index (2010 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.