Bank of England braces for euro collapse

Quote of the day: 'Markets and businesses possess 'animal spirits' and can overreact to events.' Dr Ben Broadbent, a member of the Bank of England's monetary policy committee, explained today that the bank is ready to intervene with more quantitative easing and a cut in interest rates if the single currency collapses.

by Michael Northcott
Last Updated: 09 Oct 2013

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