Qualified advisers answering your
Financial Questions
call 0800 092 1245

Business leaders call for the return of quantitative easing

The Institute of Directors has this week called for the reintroduction of the Bank of England's quantitative easing programme and an additional £50 billion to be injected into the scheme. This comes only hours after the Bank of England maintained UK base rates at 0.5% and also retained the quantitative easing programme at £200 billion.

It seems that a mixture of disappointing economic indicators together with signs that the money markets may be starting to tighten up is behind the call from the Institute of Directors. It has to be said that other parties have also called for quantitative easing to be reintroduced now rather than later when the move would seem to be reactive rather than proactive.

It is well-known that the Bank of England is actively considering increasing the finance available to the quantitative easing scheme amid signs that small to medium-sized businesses are struggling. There is also the repayment of hundreds of billions of pounds of outstanding loans in 2012 which need to be addressed sooner rather than later with bank institutions concerned that they will be left at the beck and call of money markets and money market rates.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details