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Bank of England to Spend Another 25BN GBP
The Bank of England is set to drop a further £25bn of printed cash into its economy in an effort to pull the UK out of the longest recession in the country’s history. The bank’s monetary policy committee, which is responsible for setting the bank’s interest rates, extended its quantitive easing programme to a total of 200bn – or 14% of UK GDP.
How to Recession Proof Yourself in Today’s EconomyThere is a big difference with this downturn in the economy. It is important to know what that difference is and how to make this the best recession ever for your financial future.