Updated (at 6.) (am EST)
(4.) am EST :
Mark Carney tells MPs Bank of England will take ‘all necessary steps’ to help UK through potentially ‘large’ coronavirus economic shock
Carney told the Treasury committee that the Bank of England’s role in the coronavirus outbreak was “to help UK businesses and homes manage through an economic shock that could prove large but will ultimately be temporary”.
He said the bank would “take all necessary steps to support the UK economy and financial system consistent with its statutory responsibilities”.
(4.) (am EST :
Mark Carney, the outgoing governor of the Bank of England, has just started giving evidence to the Commons Treasury committee.
He starts with a prepared statement about coronavirus.
There is a live feed (here.)
) 4 (am EST) :
Matt Hancock’s morning interviews – Summary
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