Not content with lending Ireland the entire savings from next years UK austerity programme the Bank of England has just announced, read here, that it will buy £10 billion highly dodgy and soon potentially virtually worthless (if Irish issued) euros to help liquidity in Ireland.
Cameron again is in full flight from the EU having reportedly agreed to a Treaty re-negotiation, of course without any referendum for the British BUT WORSE without any concessions whatsoever from the dreadful EU!
FT (£) report from here.
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