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Bank of England holds base rate and injects £150bn QE

The Bank of England has released another £150bn of quantitative easing (QE) to help prop up the economy as it enters a second national lockdown today.

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FCA appoints new Complaints Commissioner

The Financial Conduct Authority, the Prudential Regulation Authority and the Bank of England have appointed FOS independent assessor Amerdeep Somal as Complaints Commissioner.

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UK economic downturn less severe than feared

The Bank of England said it expects the economy to shrink by 9.5% in 2020, less  than the initial estimate of 14%.

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Regulators consult on revised complaints system

 

The FCA, PRA and Bank of England are consulting on an updated Complaints Scheme to make it simpler and more "user friendly."

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