The Bank of England has slashed interest rates to 0.25% in an emergency move to protect the UK economy from the coronavirus outbreak
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.
The UK government is under pressure to take further measures to tackle the crisis after UK Health Minister Nadine Dorries announced on Tuesday that she had been diagnosed with COVID-19.The Bank of England has slashed UK interest rates from 0.75% to 0.25% in an emergency move to shore up the UK economy in the face of the coronavirus outbreak.said that the decision had been taken due to the fact that "Indicators of financial market uncertainty have reached extreme levels.
"Such issues are likely to be most acute for smaller businesses. This economic shock will affect both demand and supply in the economy." Measures likely to be revealed by Sunak include a temporary cut to business rates and an emergency fund for small businesses.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bank of England Cuts Interest Rates in Emergency Move to Combat Coronavirus CrisisThe Bank of England has cut interest rates in an emergency move to shore up the U.K. economy amid growing alarm over the coronavirus crisis. The Bank announced Wednesday morning it had reduced rate…
Consulte Mais informação »
Bank of England cuts rates in emergency move to counter coronavirus impactThe central bank has also announced a new term-funding scheme to support small and medium-sized companies.
Consulte Mais informação »
Deutsche Bank says Frankfurt-based employee contracts coronavirusDeutsche Bank is dispersing some of its Frankfurt-based trading and infrastructu...
Consulte Mais informação »
Coronavirus fallout and the oil-price war will push 2020 GDP into 'spitting range of a typical global recession,' Bank of America says | Markets InsiderBank of America lowered its global 2020 growth expectation to 2.2% from 2.8% on Tuesday, just two weeks after its last downward revision. The up...
Consulte Mais informação »
U.S. consumer watchdog charges Fifth Third Bank on opening phony accountsThe U.S. Consumer Financial Protection Bureau (CFPB) said on Monday it charged F...
Consulte Mais informação »
Drake opens up to Lil Yachty in Oprah drag for 'Oprah's Bank Account' music videohttps://www.youtube.com/watch?v=-eb4CtV8zTk Nearly nine years after The Oprah Winfrey Show ended, rapper Lil Yachty has thrown on a wig and some makeup for his 'Oprah's Bank…
Consulte Mais informação »