UK Telegraph (via Reuters) says the BoE is considering dropping the cash rate to negative from the current 0.1%

Trying to locate more detail.

OK ... updating with this, there really is not any further detail re that headline:

  • Interest rates are already at a rock-bottom 0.1 per cent but the Bank is said to be considering a controversial move into negative rates as a winter chill descends on the economy.

Tele link (may be gated)

---

The Bank of England Monetary Policy Committee (MPC) meeting is today (Thursday 05 November 2020)

more to come