The Bank of England has unleashed another £150billion of action to bolster the battered economy and warned that output will fall in the final three months of 2020 as a result of the second lockdown.
Members of the Bank’s Monetary Policy Committee voted unanimously to expand its quantitative easing programme to a mammoth £895 billion, but held rates at the historic low of 0.1 per cent
Across the pond, US stocks ended up finishing up strongly again overnight, as the election battle rages.
