Bank slashes interest rates to record low of 0.1% to shore up coronavirus-hit economy
It also increased its so-called quantitative easing programme by £200 billion to £645 billion.
It also increased its so-called quantitative easing programme by £200 billion to £645 billion.
Organisations have written to Nicola Sturgeon urging the change to be put in place as schools close from Friday amid the coronavirus outbreak.
Concerns about spreading Covid-19 to elderly volunteers and service users and dwindling food supplies are said to be hindering operations.
Neoliberal thinking has infected the Tory government’s COVID-19 response and has put the nation at risk.
Measures unveiled by the PM and Chancellor on Tuesday evening included Government-backed loans worth £330 billion – equivalent to 15% of GDP.
People will die from coronavirus simply due to being homeless unless they are better protected, a group of charities said.
The Chancellor said homeowners would get a “three-month mortgage holiday”
Relaxation of planning regulations was among a package of measures to support businesses through the coronavirus crisis.
Helping big business won't be enough
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