Bank of England forced to delay cash injection after Economy Pump breaks down
The Bank of England’s plans to pump another £50bn into the economy, in order to keep interest rates unchanged, have been put on hold this evening after their 200-year-old Economy Pump broke down under the strain.
Posted: Aug 9th, 2009
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Alistair Darling announced plans today to kick start the economy by providing small to medium sized businesses with money plants. Darling claims that the plants will provide an injection of £50 and £20 notes into the economy which will boost spending an increase consumer confidence.
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