Page last updated at 15:44 GMT, Thursday, 5 March 2009

Osborne on quantitative easing


The Bank of England is to inject seventy-five billion pounds of new money into the economy, in an effort to increase the supply of credit and encourage more lending.

The policy is called quantitative easing - it's the first time it's ever been tried here.

Shadow Chancellor George Osborne says it's a risky venture.


Story Tools


Sign in

BBC navigation

Copyright © 2020 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific