[jfman]

I could be wrong, but his 'data driven' analysis has concerned me about what way he falls for a while now.

As the resident economist I should have opined on his comment about £150bn being injected into the economy. It isn't.

All this money is trying to cling onto is the status quo. There's no need for the markets to react to the status quo. This money costs virtually zero - interest rates are at an all time low. Nobody expects the UK to ever repay it's debts - whether it's £2trn or £4trn is really neither here nor there when interest rates are so low.