Bank of England, UK government to resume fight against coronavirus slump
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LONDON (Reuters) - The Bank of England and Britain's finance ministry will resume their coordinated drive on Thursday to prevent the coronavirus-related shutdown of swathes of the economy from triggering a long and deep recession.The BoE, which has made two emergency cuts to interest rates this month, boosted its bond-buying programme by a further 9% of British economic output, and taken a string of other measures to help lending, is likely to hold off on further action when it makes a statement..