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Reactions to the Bank of England's latest round of quantitative easing lead our teatime newslinks

Bank of England quantitative easing

Bank of England QE

  • "The Bank of England has agreed to extend its quantitative easing (QE) programme by £50bn to give a further boost to the UK economy. When completed, it will bring the total amount of QE stimulus to £325bn." - BBC
  • Matthew Hancock MP: "It has an impact on interest rates but we manage our macro-economy by altering interest rates and of course it has different impacts on different people but the most important impact of QE is to try to make sure this deleveraging in the banking system goes at a pace that doesn't damage the wider economy more than the difficulties that we're trying to get through." - PolHome (£)
  • "QE and low interest rates have transferred billions from savers to borrowers, from retirees to buy-to-let speculators, from pensioners to bankers." - Faisal Islam
  • "Bankers get low interest rates, as does the Government, and people who can get mortgages, but the people who want to spend mostly can't borrow, and so there is no overall increase in demand." - Daniel Knowles
  • "Low interest rates, cheap money, incentivised debt, disincentivised thrift: these were precisely the things that caused the crash in the first place. We won't get out of our predicament by accelerating the policies that got us into it." - Daniel Hannan

Cameron's boardroom quotas remarks

CAMERON LOOKING LEFT"David Cameron has said he will not "rule out quotas" as a way of getting more women into top executive jobs. At a summit in Sweden, the PM said he wanted to "accelerate" the increase in women on the boards of top UK firms, preferably without resorting to quotas. A government-commissioned report urged top firms to more than double the number of women on boards by 2015." - BBC

  • "The trip to Scandinavia has been presented as a “fact-finding” mission to learn from other countries on how to achieve this goal. Yet for inspiration Cameron could look no further than a “Conservative equalities manifesto ” from just before the general election." - FT Westminster blog
  • The IEA's Mark Littlewood: "Proposals to force companies to increase the number of women on boards are extremely ill-advised. Imposing a mandatory quota would be yet another irritant to UK firms. Burdensome overregulation of this kind is not a driver of economic growth. “Companies themselves are best placed to decide the best commercial make up their board, and Government should have no part to play in these decisions" - PolHome (£)

David Cameron speaks to King Abdullah over Abu Qatada trial - Independent

Reactions to Fabio Capello leaving England

  • David Cameron: "I am sorry to see Fabio go. I think he was a good coach and a good man. I don't think he was right about the John Terry issue. You can't be captain with that question mark that needs to be answered." - PolHome (£)
  • HUNT JEREMY FORMALJeremy Hunt: "I think the FA made the right decision and given what Fabio Capello said on to Italian television I don’t think there was any other alternative. No-one would have wanted this to happen so close to the European Championships but I do think in the end it was the right decision." - PolHome (£)
  • Sports Minister Hugh Robertson: "I absolutely recognise the desire to have an English manager. But the really important thing is that they get the best man for the job and they produce an England team that starts winning tournaments." - PolHome (£)
  • In its desire to appease the gods of NuFootball, the FA is turning into a scarily Orwellian outfit - Brendan O'Neill

In Brief:

  • Ken Livingstone defends alleged homophobic remark about Tories - Guardian
  • David Cameron: we will defend the Falklands properly - Daily Telegraph
  • Greek death spiral accelerates - Ambrose Evans-Pritchard
  • Repossessions rise and housing experts fear worse to come - Ian Cowie
  • Tories shouldn't be attacking Ken on gay rights - they should be thanking him - LabourList