May 24, 2012

UK credit easing won’t come from QE funds – Osborne

UK credit easing won’t come from QE funds – Osborne

photoLONDON (Reuters) – Government plans to inject more money into cash-strapped British companies will not be funded by the 75 billion pounds’ of extra quantitative easing announced by the Bank of England this month, Chancellor George Osborne said on Wednesday.