Interest rate decision divides Bank of England - what does it tell us about the economy?

The Bank of England has cut interest rates again, but this time, the decision wasn’t straightforward. Georgie Frost, Lee Boyce and Helen Crane ask what the division in the Monetary Policy Committee tells us about the state of the economy right now, and what the cut means for our money. We also talk about plans to hit those in wealthier areas with bigger council tax bills. Why is the current system so unequal, and how could your area be affected?Helen discusses a water company who told an elderly couple they needed their pipework replacing at a cost of thousands - when in reality, all they needed was a new water meter (which is given away for free). Finally, Lee explains who can claim from the car finance scandal - and what to do if you can't find the paperwork.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.