Envestors' Oliver Woolley discusses why angel investing should be considered by HNWs in a negative interest rate environment.

As we continue to deal with coronavirus restrictions, it is reported by Bank of Englandpolicymakers that the UK may be heading for negative interest rates . This would be a first in the bank’s 326-year history.

With interest rates already at 0.1%, central bank officials announced an additional £150bn stimulus package last week, in an attempt to boost consumer spending during the second wave of the pandemic.

Despite news of a vaccine, the BoE has taken the total stimulus to £895bn, as double-dip recession forecasts emerge.