UPDATE 6-Britain fires with both barrels: emergency rate cut and budget boost
The Bank of England slashed
interest rates by half a percentage point on Wednesday and
announced support for bank lending just hours before the
unveiling of a budget splurge designed to stave off a recession
triggered by the coronavirus outbreak.
interest rates by half a percentage point on Wednesday and
announced support for bank lending just hours before the
unveiling of a budget splurge designed to stave off a recession
triggered by the coronavirus outbreak.
Posted by Reuters
