04-08-2016 15:00 via uk.news.yahoo.com

Rate cut, stimulus measures mark BoE's 'whatever it takes' moment -BBA

By Sinead Cruise and Andrew MacAskill LONDON (Reuters) - The British Bankers Association said Thursday's rate cut and economic stimulus measures marked the Bank of England's 'whatever it takes' moment to jumpstart a shaky UK economy, as lenders prepared to shave mortgage and savings rates once more. Britain's main banking lobby group said the decision to halve rates to a record low 0.25 percent showed policymakers were ready to use all available tools to support individuals and businesses rattle
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