Britannia Radio

BoE's Charles Bean sees scope, if necessary, for more QE

As well, the MPC member indicated that the UK may join the recapitalization plan for Europe´s banks, depending on how it is crafted

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=4583052

BOE Bean: May Take Years To Get Balance Sheets In Order-Report

LONDON -(Dow Jones)- The squeeze on U.K. households will ease as falling commodity prices weaken inflation, but it may take years for the good times to return, Bank of England Deputy Governor Charles Bean said in an interview with the Guardian published Thursday.

"I don't see a return to something like the 2006 period in a year or two. Banks, households and those who are heavily indebted are still working at getting their balance sheets into better order--and that is probably going to take years," he said.

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201110130310dowjonesdjonline000255&title=boe-beanmay-take-years-to-get-balance-sheets-in-order-report

QE hitting those with lower annuities

http://www.pensioncalculator.org/10746/news/quantitative-easing-hitting-those-with-lower-annuities/

BoE Halts an Aspect of Its Quantitative Easing Programme after Bond Prices Are Raised

http://www.calculator.co.uk/1992/2011/10/boe-halts-an-aspect-of-its-quantitative-easing-programme-after-bond-prices-are-raised/