You are here

Bank of England cuts rates to 0.25% to counter Covid-19 impact

[LONDON] The Bank of England (BoE) cut interest rates on Wednesday to bolster Britain's economy against disruption caused by the novel coronavirus outbreak.

Members of the BoE's Monetary Policy Committee voted to cut the bank rates for the first time since August 2016 to 0.25 per cent...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to