UK government expected to approve more stringent rigorous measures to counter coronavirus outbreak

As soon as Thursday (UK time) - PM Johnson to chair an emergency meeting on COVID-19

• So far the UK has been in what they describe as a 'delay' phase of the response
• Johnson expected to move up to to 'contain' phase.

Earlier today we got a fiscal policy response from the UK, some very proactive measures included.

• UK unveils massive coronavirus fiscal measures for businesses and workers

Also from the central bank:

• BOE cuts bank rate by 50 bps from 0.75% to 0.25%