In detail: Interest rate cut and you
Why are rates falling?

The Bank of England (BOE) has cut interest rates for the first time in two years.

Interest rates have been on hold at 4.75% for the past year.

During that time the economy has slowed along with High Street spending and the UK housing market.

BBC News explains how the cut in rates will affect you.

Click below for more images
1 2 3 4 5