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. đź‘€
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. đź’·
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.
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