Saturday, October 8, 2011

Bank of England interjects £75billion to over come its worst financial crisis ever

Full Story: Daily Mail

The ongoing world wide recession has started to take toll of economies, specially countries which already have fragile economic base. But even developed countries like UK are also feeling the pinch. The Bank of England in a desperate attempt to stave off ill effects of the sever recession that has hit the country, interjected  £75billion into its flattening economy. The bank accepted that Britain is passing through its worst financial crisis ever.

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