She stated, "I am very pleased the bank has decided not to create any more new money. QE is a drasti

Dr Brian Sloan, cheap car rental los angeles chief economist at Greater Manchester Chamber of Commerce, said the MPC's decision not to extend QE was expected because there is still just over £12bn left to spend from the additional £50bn that it issued in July.
"With current economic conditions flat lining and signs of weakness in the labour market, the bank will announce further asset purchases at next month's cheap car rental los angeles meeting, but it must use the money it has created more wisely to promote growth cheap car rental los angeles in the real economy," he added.
She stated, "I am very pleased the bank has decided not to create any more new money. QE is a drastic policy experiment that may be valid for an economic emergency to avoid depression but we are clearly not in a depression.
"Indeed, we may be emerging from recession and, with inflation still above target, the Bank is right to hold off from any more measures. Especially since its past buying of gilts has had such damaging negative side effects on pensions and companies with pension deficits."
David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.