Permanent historical factsheet

Emergency Bank Rate Cut and TFSME

Great Britain · Economy / Monetary Policy. Chronological records rendered directly from the World History Database.

1Records
2020Date range
1Named people
1Places

Chronological records

2020

Mark Carney11 March 2020

London · Economy / Monetary Policy

Mark Carney leads the Bank of England as Bank Rate is cut to 0.25 percent and a new Term Funding Scheme is introduced to support lending during the Covid-19 shock.

Names involved

Mark Carney

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.