Home » Latest news

Lower money supply makes more QE likely

Wednesday 1st February 2012, 1:28am
UK ECONOMY

A STEEP decline in money supply added to expectations that an additional £50bn or £75bn of quantitative easing (QE) will be announced by the Bank of England’s Monetary Policy Committee at its February meeting next week.

The 0.7 per cent fall in the M4 measure in December is the sharpest since the series began in July 2009, and was led by a decline in lending to companies. Another factor may be that securities dealers trimmed balance sheet towards the year-end.

Latest Jobs:

  • Business Change Project Manager
    A Business Change Project Manager is now required by my leading financial services client based in London. The Business Change Project Manager will be required to deliver the end-to-end migration of in-scope processes to the
  • Graduate Recruitment Consultant
    The business is rapidly expanding across a number of professional services recruitment markets, and we have a number of exceptional opportunities for talented graduates as we continue to grow throughout 2012.
  • Internal Audit & Controls Consultant - Retail
    A leading, and yet still growing, Global Consulting firm are looking to attract Internal Audit & Controls specialists to join their team They have some serious growth plans across various sector specialisations, one of which
  • Group Financial Reporting Accountant
    The company is a key supplier to the UK and US construction markets. They have a £1bn revenue FTSE 250 listed company. The company is based in London City.Group Financial Reporting AccountantThe role reports to