Sky News
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UK interest rates cut to 0.25%
Posted
March 11, 2020
Views
29,445
Likes
111
Comments
63
Engagement
0.59%
March 11, 2020
29,445
111
63
0.59%
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5:49Now PlayingThe Bank of England has cut the interest rate from 0.75% to 0.25%.
Our economics editor Ed Conway says both the size and timing of the cut are dramatic, adding "It's very unusual to have an emergency cut that comes outside their normal schedule... it kind of brings you back to the era of the financial crisis"
He also says the move underlines "how concerned every wing of Government is about coronavirus"
Read more here: trib.al/ghcewAI
#InterestRates #Coronavirus #Budget
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