Mar

Bank Base Rate cut to 0.1%

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The Bank of England’s Monetary Policy Committee (MPC) convened a special meeting and voted to cut Bank rate to a record low 0.1% and increase holdings of UK government and corporate bonds by £200 billion.

“The spread of Covid-19 and the measures being taken to contain the virus will result in an economic shock that could be sharp and large

The post Bank Base Rate cut to 0.1% appeared first on Property118.

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Bank Base Rate cut to 0.1%

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