The BOE’s Monetary Policy Committee cut its main interest rate to 0.25% from 0.5%, marking a low in the central bank’s 322-year history. LONDON—The Bank of England cut its benchmark interest rate to a new low on Thursday and said it would buy government and corporate bonds as part of a broad package of measures to stimulate the U.K. economy in the wake of the Brexit vote. It also revived its long-dormant U.K. government bond-buying...

Source: Wall Street Journal August 04, 2016 11:13 UTC