Ride the global market rebound with bargain British stocks

Article summary

The Bank of England has expanded its quantitative easing (QE) programme. Drinks group Diageo is among the FTSE 100’s savvy global operators © Diageo The Bank of England has expanded its quantitative easing (QE) programme in response to the second English lockdown. The Monetary Policy Committee (MPC) voted last week to buy £150bn more government bonds with printed money, taking the total value of its quantitative easing programme to £895bn, about 40% of 2019 UK GDP. The Bank also forecast that it will be early 2022 before the UK economy returns to its pre-pandemic level. […] Some of the top blue-chips earn up to 70% of their profit overseas.

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