The Bank of England’s (BoE) next meeting to determine interest rates is on Thursday 30 July and all eyes will be on the Monetary Policy Committee (MPC) and its members’ response to domestic economic pressures, the ongoing Middle East conflict and the early approach of the new prime minister and chancellor.
The base rate - sitting now at 3.75 per cent after being cut four times last year – impacts business, consumers and taxpayers through everything from mortgages to loans and savings, so what do experts foresee, both this week and beyond?
