Ed Balls MP, Labour’s Shadow Chancellor, in response to the Bank of England’s decision on a further £50 billion of quantitative easing, said:

Fire up the printing presses, once again. The Bank of England has just announced another £50 billion of Quantitative Easing, bringing the total monetary expansion up to £325 billion. And it probably won't end there: Citi, among other analysts, forecast that it could go as high as £600 billion next year.  So what are we getting for all this free money? The Bank would tell y...

The Bank of England agrees to extend its quantitative easing programme by £50bn to give a further to boost the UK economy.

The Bank of England is expected this week to announce further quantitative easing while Australia is set to receive an interest-rate cut

Britain's weak economic recovery is expected to lead the Bank of England to print £50bn more money in the coming weeks.

Expect £75 billion next week. That will be £350 billion in all of Quantitiative Easing. The outcome is simple: another £75 billion of government debt will be purchased by the Bank of England. And as I explained last week, this debt will never be resold.

What a bloody mess !!   Until Gordon Brown (Badly Knitted Man) came along, our banks worked mostly very well for themselves and for our nation, with the Bank of England being the world's most revered financial institution.   Gordon Brown took away the safety regulations and then encouraged banks, especially RBS, to take enormous risks with their investments and stock sharing, whilst...

Toby Perkins MP, Labour’s Shadow Minister for Small Business, commenting on Trends in Lending data published today by the Bank of England, said:

The Bank of England's emergency programme of printing money to support the economy has helped push pension incomes to record lows, its own figures showed yesterday.

The Treasury committee chairman has been at the forefront of a push to ensure that the Bank of England is properly supervised when the governor is given sweeping new powers