Bank of England to start 2013 on sidelines as economy scrapes by

The Bank of England is likely to withhold fresh monetary stimulus at the start of the new year, with economic news still not bleak enough to trump worries about stubborn inflation. Last month the BoE voted 8-1 against extending its 375 billion pound ($601 billion) programme of bond purchases, and…

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Bank of England to start 2013 on sidelines as economy scrapes by