The Bank of England’s (BoE) next meeting to determine interest rates is on Thursday 7 August, and all eyes will be on the Monetary Policy Committee (MPC) and whether its members opt to continue lowering rates. The base rate - currently at 4.25 per cent following cuts in February and May - impacts consumers and taxpayers through everything from their mortgages to savings, so what do experts foresee both next week and beyond? Will interest rates be cut? Almost definitely yes - in fact it would be quite the shock at this stage if not. We have been seeing the MPC opt for a quarterly rate this year, in line with governor ... (full story)