UK Taxpayers face £8bn bill from QE, admits Bank

Quantitative easing could cost the taxpayer £8bn, the Bank of England has warned in its first admission that the “money printing” programme may be unprofitable. Policymakers had previously insisted they expected to make money on the £375bn of gilts bought through QE. But, in a study published o…

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UK Taxpayers face £8bn bill from QE, admits Bank