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At 12pm, nine people at the Bank of England will make a decision that could affect the cost of money across the UK. Bank Rate currently sits at 3.75% but after three members voted for a rate rise at the last meeting, higher rates are firmly part of the conversation again. 👀 Why does it matter? Changes in Bank Rate can feed through to your mortgage, loans, savings, business borrowing and ultimately the money in your pocket. 💷 At 12pm today, we find out which direction they’re going… Want to understand what changing interest rates could mean for your finances? 👇 Comment “CHANGE” below. #InterestRates #BankOfEngland #UKInterestRates #MortgageRates #UKFinance

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