The UK government and central bank unleash a double-whammy of stimulus
The Bank of England boosts its bond-buying by £150bn, flooding the economy with cash, while the the UK furlough programme is extended to March
05 November 2020 - 18:48
London — The UK government and central bank unleashed a fresh wave of stimulus into the struggling economy on Thursday, acting in conjunction and more aggressively than predicted as the coronavirus forces another lockdown.
At 7am the Bank of England (BOE) boosted its bond-buying programme by a larger-than-expected £150bn, flooding the economy with cash to spur demand and lower government borrowing costs...
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