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Will you benefit from a rate cut?

By Channel 4 News

Updated on 07 November 2008

We list the banks and building societies who have lowered interest rates after yesterday's 1.5 per cent base rate cut.

Lender / standard variable rate before 1.5 per cent rate cut by Bank of England (BoE) / after rate cut by BoE.

Those marked TBC are rates which are "under review".


Nationwide BS / 6.19% / 4.69%

HBOS / 6.5% / 5%

Lloyds TSB-C&G / 6.5% / 5%

Abbey / 6.94% / 5.44%

RBS / 6.69% / 5.19%

Cheltenham & Gloucester / 6.5% / 5%

Halifax & Woolwich / 6.5% / 5%

HSBC / 6.25% - TBC

Northern Rock / 7.34% /5.84%

Barclays / 6.64% - TBC

Coventry BS / 6.84% - TBC

Standard Life / 6.59% - TBC

Britannia BS / 6.30% - TBC

Bristol & West / 6.59% - TBC

Yorkshire BS / 6.60% - TBC

Skipton / 6.45% - TBC

Bradford & Bingley / 7.09% - 5.59%

Chelsea / 7.24% - TBC

Alliance and Leicester / 6.94% - TBC

Clydesdale & Yorkshire / 6.64% - TBC

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