The Bank of England (BoE) has reduced the UK base rate to a record low of 0.10% to combat the coronavirus pandemic.
The FTSE 100 ended the day at 5,173 up 1.83% after the Bank of England reduced interest rates to an all-time low of 0.10%.
It will be too early to see if the jump today will help the markets.
So how has the media reacted to the news?
Sky News
Evening Standard
BBC News
The Bank of England has cut interest rates again in an emergency move as it tries to support the UK economy in the face of the coronavirus pandemic.