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Company News

CORRECTED-UK raises asset purchases by 150 bln pounds

(Corrects to say raises assets purchases by 150 bln pounds, not to 150 bln pounds)

LONDON, Nov 5 (Reuters) - The Bank of England increased its already huge bond-buying stimulus on Thursday by a further 150 billion pounds as it sought to cushion Britain’s struggling economy against the hit from a second coronavirus lockdown. (Reporting by William Schomberg, David Milliken and Andy Bruce; editing by Michael Holden)

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