Good morning from the Bank of Englandpublished at 11:17 BST
11:17 BST
Dearbail Jordan
Senior business and economics reporter
Hello from the Bank of England in London, where BBC apprentice Anuk Weerawardana and I will find out if UK interest rates will rise, fall, or stay at 3.75%.
We’ll also learn if the Bank is going to reduce or stop selling its massive trove of government bonds.
The Bank will make the announcement at midday – when BBC News will also publish a news story all about it. How does this happen at the same time?
The secret is journalists get to read the Bank’s decision an hour or two before its wider release.
Because this is market sensitive information, the Bank of England locks us in its basement to prevent leaks.
Theoretically, a trader could make a lucrative bet on the decision if they had prior knowledge. To ensure nothing gets out, we have to hand over our mobiles and the wi-fi is switched off.
Between now and then, we’ll read, ruminate and write, fuelled by lots of tea and too many biscuits. By the time 12:00 BST rolls around, the wi-fi is switched on – and our words wing their way to you.
See you on the other side.