Bust to boom: how UK central bank boosted births after 2008 crisis

Low borrowing costs led to 14,500 additional babies being born in 2009, researchers say

New research by the Bank of England has shown that its efforts a decade ago to prevent a 1930s-style depression had the spin-off effect of boosting Britain's birth rate.

The Bank's study found that the emergency slashing of interest rates in the winter of 2008-09 cut the household bills for families on floating rate mortgages and made having children more affordable.