At 4.30pm we'll have a panel of experts answering your questions on interest rates during Business Live with Darren McCaffrey. A base rate cut to 4.5% is widely expected at noon, as preventing the economy from stagnating begins to overtake rising prices as the key influencer of monetary policy. A cut will be good news for those looking to renew or take out a mortgage, as well as businesses looking to secure a loan and people who spend on credit cards. It won't be as welcome for savers. Submit a question here: https://news.sky.com/story/money-interest-rate-latest-inflation-bank-of-england-michelin-cheap-eats-mortgage-consumer-news-live-13040934 #InterestRates #Economy #Business SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
Q&A | What the interest rates announcement means for you? Business Live with Darren McCaffrey
At 4.30pm we'll have a panel of experts answering your questions on interest rates during Business Live with Darren McCaffrey. A base rate cut to 4.5% is widely expected at noon, as preventing the economy from stagnating begins to overtake rising prices as the key influencer of monetary policy. A cut will be good news for those looking to renew or take out a mortgage, as well as businesses looking to secure a loan and people who spend on credit cards. It won't be as welcome for savers. Submit a question here: https://news.sky.com/story/money-interest-rate-latest-inflation-bank-of-england-michelin-cheap-eats-mortgage-consumer-news-live-13040934 #InterestRates #Economy #Business SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales