After the UK has faced arguable one of its worst recessions, the BoE has refused to rule out the use of negative interest rates to help stimulate demand back into the economy. The base rate has already been slashed to its lowest ever at 0.1% to help deal with the expected 14% fall in GDP. Have the banks lost rationality or is this an ingenious cure for Covid-19’s impact on the UK economy?

The unconscious decision that goes towards the individual when purchasing coffee helps us determine what factors influence daily economic decisions for the average consumer.