Garside & Co LLP Chartered Accountants in London, Auditors, Tax Advisors, Business Advisors
  • Email
Call Now: 020 7439 1050
  • Home
  • About Us
    • Offers
  • Contact Us
    • New Client Application Forms
  • Services
    • Audit & Accounting
      • Accounting Services
      • Management Accounting
      • Forensic Accounting
      • VAT Returns
      • Audit & Assurance
      • Bookkeeping
      • Due Diligence
      • Cashflow & Profit Forecast
      • Online Accounting
    • Business Tax
      • Corporate Tax
      • Partnership Tax
      • Self Employed Tax
      • Subcontractors Returns
      • VAT
      • Tax Investigation Insurance
    • Business Consulting
      • Business Advisory
      • Business Support
      • Business Planning
    • Business Finance Advice
    • Company Formation
      • Company Secretarial
      • Company Incorporation
      • Business Start-Up
    • Corporate Finance
    • Payroll
    • Personal Financial Planning & Tax
    • QuickBooks Accounting
  • Resources
    • Useful Links
  • Bulletin Board
  • ShareFile Login
  • Quickbooks Login
    • ClearBooks Overview
Search the site...
Home» Economy » Interest rate cut and quantitative easing

Interest rate cut and quantitative easing

Posted by admin - March 10, 2009 - Economy


The BoE has cut interest rates for the sixth time since October 2008 – by half a point to 0.5%. Business groups, such as the Federation of Small Businesses have criticised the recent cuts as doing little to boost bank lending.

In an attempt to stimulate the UK economy, the bank will increase the amount of money in circulation by £75 billion. But rather than print new money, the bank will introduce ‘quantitative easing’ for the first time in the UK. Quantitative easing, involves the buying of assets, such as government securities. The BoE will borrow the money to make these purchases.

For fresh ideas, new possibilities and a value driven service go to Garside & Co LLP Chartered Accountants in London.

No related posts.

Categories

  • Accounts
  • Business
  • Economy
  • Tax

Recent Posts

  • Press Release Parliamentary Review

    December 10, 2018
  • Reporting Modern Slavery Act 2015

    December 10, 2018
  • CGT non dom rebasing

    December 10, 2018
  • Entrepreneurs Relief changes Budget 2018

    December 10, 2018

    Download Resources

    Access your free cashflow, forecasting, business planning and personal budgeting tools.

    Selling Your Business?

    Discover how saleable your business could be and find how quickly it might sell.

    Auditing & Accounting
    Business Tax
    Tax Investigations
    Business Advisory
    Company Secretarial

    Business Start-Up
    Corporate Finance
    Payroll & BACS
    Personal Financial Planning
    Personal Tax Planning

    • 020 7439 1050
    • Contact Us
      • Email
      • Twitter
      • Linkedin
    (c) 2013-2018 Garside & Co LLP | Terms of use | Privacy policy | Sitemap |