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Bank of England pumps £50bn more into economy
The Bank of England has announced it will pump a further £50bn into the UK economy over the next four months through its quantitative easing (QE) programme to try and boost demand.
QE is the Bank's scheme which aims to boost the economy by buying bonds. The stimulus currently stands at £325bn.
The Bank also said it would leave UK interest rates unchanged at 0.5%.
The Bank's Monetary Policy Committee (MPC) has held rates at their current record low for more than three years.
http://www.bbc.co.uk/news/business-18724010
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