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Bank of England to print further £50 billion
The Bank's Monetary Policy Committee is set to announce on Thursday that it is expanding its Quantitative Easing programme from £275bn to £325bn. Several members of MPC signalled at their January meeting that they would vote for a further round of QE this month. City economists had thought the committee would approve a further £75bn of asset purchases this month, but services and manufacturing surveys have suggested that the economy performed slightly better than expected in the early weeks of this year. George Buckley, a UK economist at Deutsche Bank, the investment bank, said: "If sentiment and activity hold ... (full story)
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