06 December 2011

The Bank of England has taken measures to protect Britain's banks against another credit crunch by offering them access to a new supply of emergency sterling funding.

Well, isn't that just another word for QE?
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8938092/Bank-of-England-takes-new-steps-to-prevent-credit-crunch.html

http://www.bankofengland.co.uk/publications/news/2011/152.htm

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