Bank of England could increase economic stimulus, says senior official

Expansion of quantitative easing quite possible' and negative interest rates kept under review

The severity of Britain's economic downturn could force the Bank of England to increase its stimulus, according to one of the central bank's senior officials.

Ben Broadbent, deputy governor for monetary policy, said it was quite possible" officials would vote to expand the quantitative easing (QE) programme to prevent the situation worsening as businesses remained closed and millions of workers were forced to stay at home.

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