The Bank of England has cut interest rates from 0.75% to 0.25% in a move to counter the "economic shock" of the coronavirus outbreak. At a press conference following the rate cut, Bank Governor Mark Carney said the measures announced will "prevent a temporary disruption from causing longer lasting economic harm". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
