BOE cuts interest rates to 0.25% vs 0.25% exp Extends QE by £70bn

• Prior 0.50%
• Prior QE £375bn
• Votes 9-0 for a cut. Prior 1-8
• Additional QE £60bn government purchases, £10bn corporate

This package contains a number of mutually reinforcing elements, all of which have scope for further action.'

They ain't messing about are they?