BoE prepares for euro collapse

Jenny Cosgrave
29 May 2012

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David Cameron hosted a meeting with Mervyn King yesterday to prepare the Bank of England for the collapse of the euro and discuss contingency plans.

Measures could include cutting interest rates or launching more QE. A senior official for the Bank said the measures would "again play [their] part in mitigating the impact" of Greece or other countries...

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