Coronavirus update: Base rate falls to 0.1%, Italy death toll overtakes China

Published by Ross Hindle on March 19th 2020, 6:06pm

In his briefing today, the Prime Minister said that the UK would be able to "turn the tide" on coronavirus, and hoped that the country would be able to "send it packing" within 12 weeks.

Beyond that, he announced no real new measures, thanked the nation for its solidarity, and and asked businesses to "stand by their employees, because we will stand by you".

He said there were no plans to stop London public transport or "lock down" the capital -- as many have wondered over the past few days -- but said the government would "enforce" the advice for people to stay home as "in some parts of the capital it is very patchy".

The Bank of England also announced earlier today that the mortgage base rate has been reduced to 0.1% from 0.25%, the lowest level ever.

The Queen also addressed the nation today from Windsor Castle, asking the country to "work as one", and praising the work of critical and key workers.

Elsewhere in the world, the death toll in Italy has surpassed the total number of Covid-19 deaths in China at 3,405. There are currently over 220,000 confirmed cases of the virus worldwide.

The WHO has also advised that Africa needs to "wake up" to coronavirus, in spite of a comparatively small number of confirmed Covid-19 cases.

The Leaders Council morning update will follow tomorrow.

Share this article


Leaders of Great Britain

About Leaders of Great Britain

Leaders of Great Britain hosts a series of engaging events featuring prominent figures from the worlds of politics, sports, business, and entertainment. Our goal is for every attendee to leave these gatherings with profound leadership insights that transcend boundaries. Learn More.


Related Features


Authored By

Ross Hindle
Content Director
March 19th 2020, 6:06pm

Follow Us

Follow @LeadersGBNI on Twitter for more live updates

Share this article


Popular Features

FEATURES | Published October 7th 2024, 4:04 pm

Margaret Ollivier: Ensuring Respect and Inclusivity at Expect Ltd

FEATURES | Published September 16th 2024, 11:11 am

Andrew Martin: Steering the Course of Planning and Development

FEATURES | Published July 26th 2024, 7:07 am

Paul Bowley: Transforming Lives with Abbeycare Group

© Copyright 2024, Leaders of Great Britain.