The government is prepared to inject more money into the economy via its quantitative easing (QE) programme, according to George Osborne.Recent positive GDP and manufacturing figures led to the Monetary Policy Committee maintaining interest rates at 0.5 per cent and voting against adding to its QE scheme.The Chancellor told the Commons Treasury Select Committee: "The Governor of the Bank of England has observed that robust fiscal policy gives more flexibility to monetary policy, and that is the principle I take to economic policy-making."However, he added that he would "allow the monetary policy committee to do what it needs to do".The government has already pumped £200 billion into the economy through QE.The QE programme helps to free up cash as the Bank of England buys British government stocks from investors in cash, encouraging banks to lend to each other.Posted by Charles BakerCharles is a reputed financial analyst with almost decades of experience under his belt.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk/search.aspx number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office. Registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
Please note that calls may be recorded and email traffic monitored for the purposes of security and staff training.
* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.
By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide