TAKE A LOOK-Bank of England cuts rates to 0.25%

TAKE A LOOK-Bank of England cuts rates to 0.25%
  • Country:
  • United Kingdom

The Bank of England unexpectedly cut interest rates by half a percentage point to 0.25% on Wednesday in a move to bolster Britain's economy against disruption caused by the coronavirus outbreak.

Following are the main stories: > BoE cuts rates to 0.25% > TEXT-BoE cuts rates to bolster UK economy > Johnson's first budget: fighting coronavirus > FACTBOX-New funding scheme to shield businesses > BoE allows banks to tap capital cushion (Editing by Estelle Shirbon/Guy Faulconbridge)

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