News
Surprise UK GDP revision lifts FTSE above 5400
www.investmentweek.co.uk
[Investment Week] - Charlie Bean, BoE deputy governor, said economic output will be pretty flat over the next six months. Bean added a further bout of quantitative easing could be on the cards in February to stimulate economic growth. He was tight-lipped on the amount of
Google News: Eurozone strife could prompt fresh easing
[CITY A.M.] - A worsening of the Eurozone debt crisis could hit the UK through the banking system, Charlie Bean said, listing more asset purchases (QE) as one of the Bank's likely responses. “At the February meeting we can take stock -- it's the meeting when we have
Guardian: Consumer confidence falls to post-recession low
[The Guardian] - His fellow MPC member, Charlie Bean, also did not rule out a return to recession and predicted "pretty flat" economic conditions over the next six months. He indicated the Bank was ready to inject more money into the economy if necessary.
Christmas cheer for high street amid recession warning
www.telegraph.co.uk
[Telegraph.co.uk] - His colleague Charlie Bean, the Bank's deputy Governor, added that the Bank was likely to increase quantitative easing in February when the latest £75bn round of money printing to combat the threat of a downturn is completed.
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