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Bank of England Pledges to Protect Stability Amid Virus Outbreak

Bank of England Pledges to Protect Stability Amid Virus Outbreak

(Bloomberg) -- The Bank of England said it’s working with the U.K. Treasury as well as international partners “to ensure all necessary steps are taken to protect financial and monetary stability” amid the global outbreak of the coronavirus.

“The bank continues to monitor developments and is assessing its potential impacts on the global and U.K. economies and financial systems,” a spokesperson said.

Bank of England Pledges to Protect Stability Amid Virus Outbreak

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editors responsible for this story: Alaa Shahine at asalha@bloomberg.net, Zoe Schneeweiss

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