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In just two days, the Bank of England will reveal its next interest rate decision. While most experts expect rates to hold steady for now, cuts could be on the horizon later this year. That might bring cheaper mortgages in the months ahead – but it could also mean savings rates start to fall. Finance expert Laura Pomfret breaks down what it could mean for your money, and the simple steps you can take right now, including her 'finance health check' that takes just half an hour.

To watch with subtitles, go to iPlayer and search for Morning Live from 06/05/25.