Bank of England Embraces Monetary Financing

by | Apr 9, 2020

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@peter_IFAMAG reads Twitter so you don’t have to.


In a fascinating move the UK has become the first European country to embrace monetary finance. The Bank of England will fund the Coronavirus related costs such as the job retention shceme, allowing the government to by-pass bond market.

The controversial decision has sparked interesting comment and conversation.

 


@InnFin have responded to calls for the UK’s world leading FinTech industry into help with small business loan difficulties.

 

Scottish government may face judicial review if business can’t access releif funds. There has been a lot of discussion on this topic on Twitter today, as Scottish business struggles to stay afloat.

 

Some good news for business as @ian_livingstone highlights UK video game industry revanues are up during the lockdown. Perhaps not too surprising.

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