The Bank of England are still turning the printing presses, pouring out all that easy money to fire up inflation. In November, U.K. M4 money supply grew 0.5% from the prior month. Annual growth for November was revised up to 11.7% from 11.1%. In October, money supply growth stood at 11.8%.
M4 lending, excluding the effects of securitisations rose 21.2 billion pounds in November. M4 lending increased 0.9% month-on-month, while it moved up 14.4% on year