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Carney on interest rates cut: 'It will help to support confidence'

The Bank of England has announced an emergency cut in interest rates to shore up the economy amid the coronavirus outbreak.

Policymakers reduced rates from 0.75% to 0.25%, taking borrowing costs back down to the lowest level in history.

Governor Mark Carney said the action would provide relief "at a difficult time".

11 March 2020

James Watt

Brewdog boss says he will learn from criticism

Brewdog's co-founder James Watt says he will use claims of a "culture of fear" at the company to reflect and become a better leader.

Three unemployed brothers in south Wales, 1983

When unemployment topped 3m - and kept rising

As the UK copes with being in a recession, how does it compare with the recession in the 1980s?

Keyframe #6

Could this be the end of global trade?

Global trade drives the world economy, but could rising tensions between the US and China threaten this?

With the possibility of a trade war looming, we ask what tariffs are and how they affect us.

What are tariffs and how do they affect us?

As a trade war becomes an increasing risk, how do governments use tariffs in international commerce?