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    Osborne`s £ 37 Billion QE cash grab won`t help him says Mervyn King.

    As Osborne prepares for ....gloomy debt forecasts next week,Bank of England Governor said it ``is very clear``that any

    `headline`grabbing to boost the public finances from Treasury`s move would not help the underlying position -and it should not

    be presented to the public as doing so......there was no benefit to the Taxpayer of making this change.....

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