Bank of England Cut Base Rates by 0.5%, back to a historic low of 0.25%.

As Corona Virus is unfolding with unpredictable speed and unknown lasting effects on business and consumers there is bound to be an adverse effect on the wider economy. So to ease the financial strain for many businesses and consumers the Bank of England announced on budget day to cut the base rate to a historically …

Bank of England Cut Base Rates by 0.5%, back to a historic low of 0.25%. Read More »