Home Business Bank of England holds off on fresh stimulus, sees worst slump in... Business Bank of England holds off on fresh stimulus, sees worst slump in 300 years By Genpie - May 7, 2020 117 0 Facebook Twitter Google+ Pinterest WhatsApp The Bank of England held off further stimulus measures but said it was ready to take fresh action to counter the coronavirus hammering which could cause the country’s biggest economic slump in over 300 years in 2020 before a bounceback in 2021.