The Governor of the Bank of England said it is buying £200billion of Government debt in a bid to avoid a return to austerity.
The bank's chief Andrew Bailey has explained why the nation's central financial institution is taking on so much of the country's debt.
In addition to the £200billion the Bank of England has already bought, it is likely to hoover up even more, he told ITV. Mr Bailey said the purchase had been in an attempt to spread the cost of the coronavirus response across society.
He said: "There are choices, and I hope those choices will be looked at very seriously. Do you have a coronavirus story?
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