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Treasury receives £35bn in 'money for nothing' from Bank of England as it surrenders interest earned on QE assets

 
Anonymous Coward
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11/10/2012 06:01 PM
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Treasury receives £35bn in 'money for nothing' from Bank of England as it surrenders interest earned on QE assets
Treasury receives £35bn in 'money for nothing' from Bank of England as it surrenders interest earned on QE assets

The Treasury will receive a £35billion windfall from the Bank of England, it was announced today, in an unexpected boon to the Chancellor's budgetary headache.

Read more: [link to www.dailymail.co.uk]
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Anonymous Coward
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11/10/2012 06:10 PM
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Re: Treasury receives £35bn in 'money for nothing' from Bank of England as it surrenders interest earned on QE assets

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