Daily Mail owner DMGT,US firms Apple, Verizon and AT&T among companies on Bank’s bond-buying listThe Bank of England is to buy £10bn of bonds issued by private companies, or including Apple and other overseas corporations,as it begins a dramatic expansion of its quantitative easing programme.
But the Bank has been accused of handing taxpayer cash to foreign corporations with miniature connection to the UK, which may simply hand the money back to shareholders. Continue reading...
Source: theguardian.com