Lending rate

Bank

UK bank lending rate sees second highest annual hike of all G8 nations

The latest market analysis by specialist property lending experts, Octane Capital , reveals that, despite recording the second-largest annual increase, the UK’s bank or prime lending rate is only the fourth-highest among all G8 nations.

Octane Capital has analysed current bank lending rates across G8 nations to see how they’ve changed in the past 12 months, and where the UK ranks in...