Bank of England to press on with £60bn plan to boost economy

The Bank of England confirmed it would press on with a £60bn economy-boosting plan despite hitting an early stumbling block.

Bank of England to press on with £60bn plan to boost economy
Wed, 10 Aug, 2016 - 16:30

The Bank of England confirmed it would press on with a £60bn economy-boosting plan despite hitting an early stumbling block.

It faced a £52 million shortfall on Tuesday after it was unable to buy as many government bonds from City investors as needed under its new quantitative easing (QE) push.

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