The Caithness Business Index has posted the following article:

Bank Of England Cuts Interest Rate To 0.1% - The Lowest Ever

[IMG][/IMG] The Monetary Policy Committee at a special meeting on 19 March 2020 voted to cut Bank rate to 0.1% and increase its holdings of UK government and corporate bonds by £200 billion. The spread of Covid-19 and the measures being taken to contain the virus will result in an economic shock that could be sharp and large, but should be temporary. [Read Full Article]