Bank holds rate at 0.1% amid economic gloom

The Bank of England’s Monetary Policy Committee has published a gloomy forecast on the UK economy as it votes maintain the Bank Base Rate at 0.1%.

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Govt launches Coronavirus £5m loans for SMEs

The Government has launched its ‘Coronavirus Business Interruption Loan Scheme’ today with the offer of interest and fee-free government-backed loans of up to £5m to SMEs.

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Bank of England cuts base rate from 0.25% to 0.1%

The Bank of England’s Monetary Policy Committee cut the bank base rate today from 0.25% to 0.1%.

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Bank of England cuts base rate from 0.75% to 0.25%

The Bank of England’s Monetary Policy Committee voted unanimously today to cut the bank base rate from 0.75% to 0.25%.

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