Bank expands QE programme by £75bn

clock

The Bank of England has increased its quantitative easing programme by a more than expected £75bn in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.

Its new round of asset purchases takes the Bank's quantitative easing (QE) programme to £275bn as fresh fears surface about the country's stalling recovery amid an escalation of the eurozone debt c...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SMF finds support for giving young people one year of state pension early as a lump sum

SMF finds support for giving young people one year of state pension early as a lump sum

SMF finds support for giving young people one year of state pension early as a lump sum

Professional Pensions
clock 09 June 2026 • 3 min read
Supporting longer-term financial wellbeing

Supporting longer-term financial wellbeing

Laura Mason sets out the work L&G is doing as part of its Decades Ahead programme

Laura Mason
clock 09 June 2026 • 4 min read
HMRC launches consultation on GMP conversion tax changes

HMRC launches consultation on GMP conversion tax changes

The body said regulations would apply from the 2027/28 tax year

Holly Roach
clock 09 June 2026 • 2 min read
Trustpilot