Monday, October 05, 2026
UK interest rates cut, funds freed up to ease virus impact
LONDON (AP) — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) stimulus package and the Bank of England slashed its key interest rate to a record low of 0.25%.
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
