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The Bank of England has voted to extend its programme of quantitative easing (QE), amid mouting pressure to inject new life into the UK's faltering economic recovery.
There had been growing support within the Monetary Policy Committee (MPC) for a new round of asset purchases to boost money supply and the move suggests there is now deep concern about double-dip recession.
The nine-man panel decided to extend the QE scheme beyond the current £200bn by another £75bn.