Important dates in February 2026: the key money dates you should know - from interest rates to energy bills
A handful of financial decisions and previews this month could shape what households pay 👀
- Several money changes this month could affect everyday spending and household bills
- Borrowers and savers are waiting on an important interest rate decision
- Drinkers may notice higher prices in pubs and supermarkets
- And energy bills are back in focus, with an early signal on where costs could head next
February 2026 is shaping up to be a notable month for anyone keeping an eye on their finances.
From changes that could affect everyday spending to deadlines that impact household budgets, staying informed can help you plan ahead and avoid surprises.
Early in the month, drinkers may notice a jump at the bar or in the supermarket as alcohol duty rises by 3.66%, while borrowers and savers should watch closely for the Bank of England’s interest rate decision on February 5, which could influence mortgages, loans, and savings returns.
Later in the month, energy-conscious households will want to pay attention to Ofgem’s preview of the energy price cap on February 26, offering a glimpse of whether bills are set to rise or fall.
The key money dates to be aware of in February 2026:
February 1 – Alcohol duty increase: Pints and spirits will likely get pricier as alcohol duty rises by 3.66%.
February 5 – Bank of England interest rate decision: The base rate currently sits at 3.75%, influencing mortgage payments, loans, and savings. Keep an eye on BoE announcements throughout the year if you’re borrowing or investing.
February 26 – Energy price cap preview: Ofgem will announce the next price cap level, giving an early look at whether your bills could rise or fall later in the year.
And looking ahead to March...
March 1 – Rail fares freeze: Unlike previous years, most rail fares will stay static, bucking the usual annual rise linked to inflation.
March 31 – Winter Fuel Payment and Household Support Fund deadlines: Some households need to claim the Winter Fuel Payment by this date. Local councils may also close applications for the Household Support Fund.