Blanchflower: UK needs "a lot more" QE
Former member of the Monetary Policy Committee (MPC) David Blanchflower says the UK will need "a lot more" quantitative easing (QE) to avoid a double dip recession.
Speaking on last night's Channel 4 News, Blanchflower said the Bank of England should already be pumping new money into the economy. "It is going to need a lot more QE," he warned. He said yesterday's...
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