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Bank of England pumps another £100BILLION into UK economy

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The Bank of England is expanding its cash-printing scheme by another £100billion – despite suggesting the economy is doing slightly better than the worst predictions.  Governor Andrew Bailey has unleashed another round of quantitative easing, taking the total size of the commitments to £745billion. The widely-expected move came after inflation figures gave the Bank more wriggle-room … Read more

MPs issue scathing attack on the soaring £100billion cost of HS2

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MPs issue scathing attack on the soaring £100billion cost of HS2 and warn the rail project’s bosses have been ‘blindsided by reality’ The verdict from the Commons’ Public Accounts Committee comes just three months after the Prime Minister gave the project the green light. The project’s expected cost is soaring to as high as £106billion By … Read more