Johnson’s Meeting With Chancellor, BOE Sets Stage for Coordinated U.K. Virus Response
- Premier met with Carney, Sunak in his office to discuss action
- Meeting comes amid speculation of steps at next week’s budget
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U.K. Prime Minister Boris Johnson held a rare joint meeting with his finance minister and the country’s central bank governor on Thursday to discuss the economic response to the coronavirus outbreak, adding to signs that authorities are planning a coordinated action to defend the economy.
The meeting in Johnson’s Downing Street office with Governor Mark Carney and Chancellor of the Exchequer Rishi Sunak comes amid mounting speculation that the Bank of England will follow government measures in next week’s budget with an interest-rate cut and other steps to help struggling companies.