More QE to help 'worst financial crisis ever'

Former Bank of England governor Mervyn King

He made his views known following the announcement of further quantitative easing (QE) measures - £75bn is to be injected into the economy.

The Bank of England has already pumped £200bn into the struggling UK economy by purchasing government bonds.

The announcement did stimulate some recovery in the markets, with growth at 0.1% according to the Office of National Statistics.

John Douthwaite, CEO for SimplyStockbroking, said: “The announcement that the Bank of England says it will inject a

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