Mark Carney announces Bank of England emergency measures in bid to fight coronavirus

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  • The Bank of England has announced an emergency interest rate cut and stimulus package to bolster the economy as it deals with the coronavirus outbreak.

    The Bank’s Monetary Policy Committee voted unanimously to cut rates by half a percentage point to a record low of 0.25pc

    Read more about Carney’s ‘big package’:

    https://www.telegraph.co.uk/business/2020/03/11/budget-2020-markets-bank-england-interest-rates-live-pound-ftse/?WT.mc_id=tmg_youtube_offsite_televideo&utm_source=tmgoff&utm_medium=tmg_youtube&utm_content=offsite_televideo&utm_campaign=tmg_youtube_offsite_televideo

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