MPC likely to pump extra £25bn into economy-papers

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The Bank of England's Monetary Policy Committee (MPC) is likely to vote to pump at least an additional £25bn into the economy, reports The Times.

A poll of 62 City economists showed two thirds expect the MPC to vote to extend the £175bn scheme of quantitative easing (QE) at its rate meeting next week. However, analysts were split over whether the limit would be raised by £25bn or £50bn, with £25bn winning by only one vote. Read more The Government and other Lloyds shareholders are due to see the bank amid fears that its crumbling share price has thrown the planned £11bn rights issue into jeopardy, says The Telegraph. Lloyds shares have crashed 16.6% this week, closing down 3.84 at 80p on Thursday, as a result of the drac...

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