The Bank of England has embarked on the battle of the coronavirus. After announcing a surprise cut in rates to 0.25%, the largest drop since early 2009 and the international financial crisis, its governor, Mark Carney, wants to encourage banks to lend to businesses and households. At the same time, the government has planned a whole series of measures to support the British economy, already slowed by Brexit.

Across the planet, governments and financial institutions are stepping up measures to counter the effects of the virus, while the WHO is now talking about a pandemic. The World Economic Forum and the World Health Organization have decided to join the fight by launching the Covid platform of action, so that companies can exchange advice or provide more concrete support to those who need it.

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