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The Bank of England is set to pump up to £75bn of newly printed money into the ailing UK economy

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 02 Jul 12 9:54 AM | 79 view(s)
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as fears grow that the eurozone crisis could drag Britain deeper into recession.

City analysts are expecting the Bank's Monetary Policy Committee (MPC) to extend its £325bn Quantitative Easing programme this week. The average forecast is for another £50bn of UK sovereign bond purchases.

http://www.independent.co.uk/news/business/news/bank-set-to-pump-75bn-into-economy-7901666.html




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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