UK TO UNDERTAKE MEASURES TO HELP ITS ECONOMY IN THE WAKE OF THE CORONA VIRUS OUTBREAK

Highlights

• An immediate cut in interest rates could be announced
• The borrowing conditions for high street banks could be eased

Reports suggest that Mark Carney will use his final week as governor of the Bank of England to make an announcement. It will be pertaining to a package of support for the British economy. It is to help it through the coronavirus outbreak.

In the....