The Bank of England and Britain’s finance ministry will resume their coordinated drive on Thursday to prevent the coronavirus-related shutdown of swathes of the economy from triggering a long and deep recession. The BoE, which has made two emergency cuts to interest rates this month, boosted its bond-buying program by a further 9% of British economic output, and taken a string of other measures to help lending, is likely to hold off on further action when it makes a statement at 1200 GMT after its scheduled March meeting. Governor Andrew Bailey, who has been in the job for less than two weeks, and other top BoE ... (full story)