Bank of England injects another £50bn into UK economy
The Bank of England's Monetary Policy Committee (MPC) has voted for more quantitative easing (QE) and will increase the size of its asset purchase programme by £50bn.
The aim is to give a further stimulus to the UK economy and this will take the QE programme to a total of £275bn.
The MPC also said that it would keep interest rates on hold at 0.5%.
February 10, 2012
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