By George Stephens • Published: 11 Mar 2020 • 8:17
The Euro weekly News understands the Bank of England has cut its main interest rate from 0.75% to 0.25% today.
The slash in rate is part of efforts by the bank to curb the effects of the coronavirus on the UK economy as trade has been badly affected across the UK in many quarters as customer confidence falls through the floor with many finance experts predicting a meltdown.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.