UK one-year fixed savings rates rise to 4.46% in October, Clear Score analysis shows
TLT•UK one-year fixed bond rates averaged 4.46% in October 2026, up from 3.51% in March. Instant-access accounts paid 2.08%, while the Bank of England raised Bank Rate from 3.75% to 4% on November 5.
1. Savings rates rise
UK one-year fixed bond rates averaged 4.46% in October 2026, up from 3.51% in March. The average exceeded September CPI inflation of 3.5%, while instant-access accounts paid 2.08%, below inflation before tax.
2. Bank Rate decision
The Bank of England raised Bank Rate from 3.75% to 4% on November 5. Its next decision is scheduled for December 17.
