5 Things You Need To Know, Today, on Thursday 5th November 2020

Episode 2138,   Nov 05, 2020, 06:15 AM

The Bank of England is set increase its bond-buying stimulus plan to more than £771 billion ($1 trillion) today as the economy look set to take takes a fresh hit from new coronavirus lockdowns.

The central bank also looks almost certain to forecast a bigger slide in output this year than the 9.5% fall it predicted in August.

The Bank of England is set increase its bond-buying stimulus plan to more than £771 billion ($1 trillion) today as the economy look set to take takes a fresh hit from new coronavirus lockdowns.

The central bank also looks almost certain to forecast a bigger slide in output this year than the 9.5% fall it predicted in August.

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