Peter Jackson from  Tilly Bailey & Irvine's Investment Team comments on this latest news about interest rates:

"Last month, Nat West warned business customers that if negative interest rates occurred in the UK, then it would have to charge them on their accounts. This month, in order to avert a slowdown post the Brexit Referendum, the Bank of England have reduced interest rates from 0.5%, where they had been since March 2009, to 0.25%. In addition, Quantitative Easing (QE) has been restored to the tune of £60bn, including for the first time the purchasing of corporate bonds, as well as government bonds.  Both bond and equity markets rose on the announcement and it looks like it is going to be “even lower for much longer”. The search for yield continues apace."