The Bank of England’s three-month old plan encourages banks to provide cheap credit to companies and households, which contrasts with the trickle-down effect of gilt purchases through QE. Photographer: Simon Dawson/Bloomberg
The Bank of England’s three-month old plan encourages banks to provide cheap credit to companies and households, which contrasts with the trickle-down effect of gilt purchases through QE. Photographer: Simon Dawson/Bloomberg
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