Took me a second: "What, why would the U.K be initiating more quantitative easing now?" ... "Ohhh, right..."
ack, i forgot to consider the meaning of those letters in macroeconomic context

in other news, i've been reading about the current labour crunch. we're between a rock and a hard place now - cost of living is still too elevated for the current wages but if wages spiral higher then inflation will stay elevated.