Losses on BOE QE Program Cost UK Taxpayers Almost £30 Billion in Past Year
Edited By WION Video Desk
Published: Aug 23, 2023, 05:45 IST | Updated: Aug 23, 2023, 05:45 IST
The UK government transferred £14.3 billion ($18.3 billion) to the Bank of England in July, the single biggest state transfer to the bank on record, in order to meet shortfalls in its monetary stimulus program.
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