MPC overrules King to hold QE at £325bn

clock

The Bank of England's Monetary Policy Committee voted five to four to maintain quantitative easing at £325bn this month, overruling the governor and three colleagues who called for further expansion.

The minutes from the Committee's last meeting in June show five members of the MPC - including Charles Bean and Paul Tucker - opted to maintain QE at its current level. Mervyn King (pictured), D...

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 Investment

Partner Insight: Trade finance and tariffs - When down is up and South is North

Partner Insight: Trade finance and tariffs - When down is up and South is North

Federated Hermes
clock 24 October 2025 • 4 min read
Peers join AIC to call on government to include investment companies in Pension Schemes Bill

Peers join AIC to call on government to include investment companies in Pension Schemes Bill

Baronesses Bowles and Altmann join call to amend Bill and correct ‘serious error’

Jonathan Stapleton
clock 20 October 2025 • 2 min read
Nest and IFM partnership makes first UK investments

Nest and IFM partnership makes first UK investments

Assets include £40m to support rural fibre broadband and £45m for energy-from-waste project

Jonathan Stapleton
clock 20 October 2025 • 2 min read
Trustpilot