Bank of England expected to hold interest rates at 4.5% in midday decision

Kevin Peachey
Cost of living correspondent

This is a key period for economy-watchers and, in turn, for everyone’s finances.

Today we have the interest rate decision.

Next week, Chancellor Rachel Reeves moves into the spotlight with her Spring Statement – when she will outline how much government departments will have to spend.

Then, at the start of April, a series of household bills – from water to broadband – will rise, adding extra pressure to stretched finances.

But minimum wages will also increase, and early in April, there’s also a rise for the state pension and benefits.