Helen Thomas

Today ‘s Bank of England meeting should herald the start of the somewhat mystical practice known as “Quantitative Easing”. This prospect of printing money has prompted panicked headlines about Zimbabwean- style inflation.  But the process itself does not necessarily spell disaster. Normally the Bank manages inflation and activity indirectly, through interest rates.  Lower rates encourage

We have become used to dealing in £billions since the onset of the banking crisis. With the economy facing such a dire economic outlook, there is a sense that many more £billions should be thrown at the problem – but the danger is that, in our desperation for a solution, we rush headlong into potentially