Bank of England emergency interest rate cut to protect UK economy from coronavirus - business live

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UK central bank has cut Bank Rate to just 0.25%, to respond to the economic shock from Covid-19

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.has slashed UK interest rates in an attempt to protect the British economy from the impact of the coronavirus.

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This is worrisome... At this early stage ..Govt have to do this... can't imagine this continues for next three months coronavirus

Good but not sure it will make much difference to most

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