Britain may need more QE despite opposition - OECD

Having been "flat" for two and a half years, the economy should grow by 0.9pc this year and 1.6pc in the next, under the Paris-based think-tank's latest review - unchanged from last November. However, if the economy stays weak, another push from the Bank of England's £375bn quantitative easing (QE) programme, under which it buys up government debt in an effort to stimulate the economy, may be warranted, it said, according to the Telegraph. "It is important that monetary policy continues to be supportive of the economy," said Angel Gurria, the OECD's secretary-general. "Unconvention...