(FILES) In this file photo taken on June 17, 2020 A pedestrian walks past the Bank of England in London on June 17, 2020.
tolga akmen/Agence France-Presse/Getty Images
The Bank of England on Thursday decided to extend the size of its bond purchase program by £150 billion as it warned output would fall in the fourth quarter amid the lockdown that starts in England today.
The Bank of England kept interest rates at 0.1%, and the extension of its quantitative easing program brings the size to £875 billion.