Telegraph
"The figures coincided with statistics showing that a key measure of the flow of money around the British economy has shrunk to the lowest level on record. The Bank of England said that an adjusted measure of M4 fell by 0.9pc in September, resulting in an annual fall of 1.7pc – the worst since comparable statistics began.The fall is of particular concern since the Bank had hoped that its £175bn quantitative easing (QE) programme would have pushed up money growth and economic expansion."
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