Move to prop up stricken economy comes amid second Covid wave and fresh restrictions
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The Bank of England has launched a fresh £150bn stimulus package for the UK economy amid the second Covid wave and the reintroduction of lockdown across England.
Threadneedle Street’s nine-member monetary policy committee (MPC) voted unanimously to ramp up its quantitative easing bond-buying programme to soften the economic fallout from rising infections and draconian controls.
