Interest rates decision: Bank holds rates and warns they will stay high - or rise again - BBC News
The Bank holds its base interest rate at 5.25%, which is the highest level for 15 years.
Paul and Sonia live in Taunton with their six children and can’t believe how much their lives have changed since interest rates started to rise.

“I have to decide, do I pay the credit card this month? Or do I pay the loan this month? Because if I do then I can’t pay the mortgage,” Paul tells me.

A couple of years ago, they were paying around £700 a month on their mortgage. But their fixed rate ended as mortgage rates spiked, so they rolled onto a tracker.

“We took the decision to ride it out,” explains Paul. “But the last rise took our mortgage to £2,003 per month which is almost debilitating”.

Sonia has taken on an extra job in a care home just to pay the mortgage increase. She wells up as she tells me it’s been tough for everyone, and Paul explains: “12-hour shifts including Saturdays and Sundays - it's a real change to our family life.”