BANK OF ENGLAND ANNOUNCES A NEW STIMULUS PACKAGE

Highlights

• It is an attempt to help the United Kingdom economy
• It is severely affected by the coronavirus pandemic

COVID – 19 pandemic has adversely affected the United Kingdom's economy. The Bank of England has announced a new stimulus package. It would be worth £100bn.

To step up the quantitative easing (QE) program, Threadneedle Street’s nine-mem....