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FEB 07, 2013 - The Guardian

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Bank of England expected to be more aggressive under new boss Mark Carney

Canadian tells MPs he will consider expanding tools available to central bank to spur lending to households and small businessesThe Bank of England is expected to move more decisively this summer to boost lending, after its incoming boss Mark Carney hinted that he is in favour of more aggressive action to boost growth.Carney, who arrives in June from Canada after being headhunted by George Osborne, told MPs he will consider expanding the tools available to the central bank in its efforts to spur lending to households and small businesses.Appearing before the Treasury select committee, ... Read More

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