U.K. May Expand Toolkit to Halt Recession Slide

U.K. May Expand Toolkit to Halt Recession Slide

The U.K. government and the Bank of England are considering plans to pump billions of pounds into the economy as the bank rescue package and the lowest interest rates since 1951 fail to halt a slide into recession.

The Bank of England and the Treasury are looking at a range of options, including pumping money into the economy by bolstering bank reserves, according to a spokesman at the Treasury. The strategy, known as

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