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

The Pensions Commission: Key principles for progress

The Pensions Commission: Key principles for progress

Kathryn Fleming says commission must consider three core principles to test adequacy

Kathryn Fleming
clock 12 August 2025 • 3 min read
Buzz: Will run-on become a mainstream medium-term strategy for DB schemes?

Buzz: Will run-on become a mainstream medium-term strategy for DB schemes?

DB run-on, educating savers and key pensions issue causing concern

Professional Pensions
clock 12 August 2025 • 1 min read
News Digest: Labour to raid savings of workers who die before pension age

News Digest: Labour to raid savings of workers who die before pension age

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 12 August 2025 • 1 min read
Trustpilot