The Bank of England (BoE) is expected to announce a new change to interest rates which will directly affect Brits' finances.
Last March, when the BoE announced its previous review of the base rate, it decided to raise the Base Rate from 4 per cent to 4.25 per cent. This decision drove the UK's interest rate to its highest point since the early stages of the 2005 financial crisis.
It is not yet clear what the BoE will decide when it concludes its meeting on May 10, however many have predicted that if there is an increase, then it will be the last before it begins dropping again. Michael Saunders, a previous member of the monetary policy committee, told the BBC that interest rates were at a "turning point".
