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Is this a temporary or permanent position? http://al4a.fun/al4avideos/ al4a “If the Government’s cost of borrowing exceeds economic growth plus inflation, it becomes hard to keep the country solvent,” said James Carrick, an economist at Legal & General Investment Management. “So if gilt yields rose by say another half a percentage point, I think the Bank of England would step in to stop them going any higher by restarting QE.

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