Industry warns £50bn QE expansion will hit scheme funding

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The Bank of England will pump a further £50bn into the lagging economy through quantitative easing, amid industry warnings that companies will be forced to plug rocketing deficits.

The Bank's Monetary Policy Committee announced it will hold interest rates at 0.5% but expand QE to reach a total of £375bn in a bid to stimulate the sluggish economy and stave off a worsening rece...

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