Mark Carney, Governor of the Bank of England (BOE) arrives to a news conference at Bank Of England in London, Britain March 11, 2020. Peter Summers/Pool via REUTERS
Mark Carney, Governor of the Bank of England (BOE) arrives to a news conference at Bank Of England in London, Britain March 11, 2020. Peter Summers/Pool via REUTERS

Banking

Bank of England cuts interest rates by half a per cent

Monetary policy committee voted unanimously to reduce rates to 0.25% from 0.75%, the lowest rate since August 2016.

Claire Corkery
Claire Corkery

March 11, 2020