The Bank of England's £200bn QE programme helps the Government borrow - but it cannot keep on at this pace permanently 💰
Getting hold of £300bn is not easy at the best of times. Even for the Government, which may need to borrow that much this year to keep on spending in the coronavirus-ravaged economy, it could present some serious challenges.Last month it borrowed a record amount in financial markets, selling bonds to investors who get their money back plus interest when the bond matures.
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