In These New Times

A new paradigm for a post-imperial world

No guarantee £140bn emergency funding plan will kickstart economy, warn experts

Posted by seumasach on June 15, 2012

I’m prepared to go further- I guarantee that it won’t kickstart the economy


15th June, 2012

The coordinated action by the Bank of England and Treasury will see billions offered to banks on condition they pass it on to businesses and households in the form of cheaper loans and mortgages.

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