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Keogh: GPs 'undervalued by the NHS at a time we need them the most'


Bank of England and Superman Mark Carney probably did not imagine they had to make such a big gamble like today : a massive quantitative easing (QE) buying 60 billions government bonds and 10 billions corporate bonds . Simply put , print more money . The determination to remain as the 5th largest world economy is apparent. Confidence of the market , hence investment , is like the mind of a teenager, easily distracted and unpredictable. The written response from the Chancellor is intriguing but with no giving away of what trump card he is holding. We all have to wait until the budget in autumn to find out about government borrowing and spending . Until then , one can only watch the response of the market and hence the economy . That clearly will govern , to some degree, how and what PH will present his first Chancellor's budget . One thing for sure , it has to be different from what Ozzy was doing for many circumstantial reasons. Until then, whatever these NHS executives as well as Agent Hunt said would be just noise at the end of the long dark corridor , rather meaningless . Perhaps , some 'easy-listening music' is harmless to us......

Posted date

04 Aug 2016

Posted time