"Theresa May knows monetary policy isn’t working. QE is increasing inequality, and low interest rates aren’t the solution", writes Fran Boait in the Guardian, 12th October 2016.
27th September 2016 marked the launch of the Bank of England’s new Corporate Quantitative Easing (QE) programme. The Bank will now be creating £10bn of new money to buy bonds issued by private companies. While there are much better ways to boost the UK economy, today we give 10 reasons why Corporate QE won’t help boost the UK economy and could turn out to be a bad idea.
We’ve got an exciting opportunity on our hands. This Thursday, MPs will debate the government’s quantitative easing (QE) policy in the House of Commons.  Chancellor Philip Hammond is hoping QE will kickstart the economy. But we know QE only makes the richest richer, pumps up property markets, and does nothing for the rest of us.