KING TURNS ON THE ELECTRONIC PRINTING  PRESS

“Clearly the impact of the rest of the world on the UK does threaten our recovery. That is why we took action today to try to head that off.”
SIR MERVYN KING

“The evidence shows it will keep interest rates down and boost demand and that will be a help for British families.”
GEORGE OSBORNE

TOTAL QE: £275BN

QE 1: £200BN MARCH 2009 

QE 2:  £75BN OCTOBER 2011