King votes for more QE for first time since July

clock

Bank of England governor Mervyn King voted to increase quantitative easing by a further £25bn at February's Monetary Policy Committee meeting, latest minutes reveal.

The meeting, held on 6 and 7 February, saw the Bank of England keep QE on hold at £375bn - but minutes revealed a 6-3 split among committee members. King and Paul Fisher joined David Miles in vo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Development site in Deansgate expected to provide 494 rental homes in city centre

Martin Richmond
clock 06 March 2025 • 2 min read
UK economy faces $141bn of stranded fossil fuel asset risks

UK economy faces $141bn of stranded fossil fuel asset risks

UKSIF warns £15.2bn of UK pension fund assets could be at risk of stranding by 2040

James Murray
clock 06 March 2025 • 6 min read
Climate change investments would boost student pension engagement

Climate change investments would boost student pension engagement

Majority say tackling climate change equally or more important than growing savings

Jasmine Urquhart
clock 06 March 2025 • 1 min read
Trustpilot