Tag: Bank of England
Bank of England pumps further £100bn into economy
The Bank of England ramped up its quantitative easing (QE) programme by a further £100 billion on Thursday, to help fight the “unprecedented” economic...
UK inflation falls to 0.5% during lockdown
A fall in demand for recreational activities and weak oil prices were among the factors that led to UK inflation falling to a four-year...
Sunak ends austerity in giveaway Budget
Newly installed chancellor of the exchequer Rishi Sunak announced a £30 billion fiscal stimulus package in his first Budget on Wednesday in a bid...
Bank slashes interest rates in emergency cut
The Bank of England dropped interest rates by 50 basis points (0.5 percentage points) early on Wednesday morning in an attempt to stimulate the...
