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BoE loses £3.6bn in QE scheme

The Bank of England has lost £3.6bn on its purchase of government bonds as part of the quantitative easing programme.

According to the Financial Times, if the Bank sold gilts totalling £192bn today its capital losses would stand at £8bn. But offset that against the £4.4bn in interest payments the Bank has received from the securities, losses total £3.6bn.

The figure comes following research by investment bank Evolution.


Retirement Strategy

Retirement Strategy has been rescheduled and will be published with the January 21 edition of Money Marketing.


Beware of Gimmicks

Call me a cynic, but doesn’t it seem like the platform providers are becoming like the old life offices?

Europe outlook: Greek gridlock and Italian banks

By Rob Burnett, Investment Director, Head of European Equities As investors await a resolution of Greece’s repayment difficulties, we anticipate a period of consolidation in the European market over the next few weeks. Our base case is that the Greek government and the European Central Bank (ECB) will come to a solution, particularly given the […]


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