The Budget, the base rate cut and the stock market crash
Published 3/13/2020
Well, what a week. We've had a Budget, a 0.5 per cent base rate cut and stock markets going haywire thanks to coronavirus and oil price crashes.Why did the Bank of England cut rates to 0.25 per cent on the morning of the Budget and what are policymakers hoping to achieve?How did Rishi Sunak perform…