Bank's £65bn move driven by pension fund fears - BBC
The tax-cutting plans in Friday's mini-budget sparked turmoil for the UK economy.
The Bank of England stepped in to calm markets after some types of pension funds were at risk of collapse.
It pledged to buy £65bn government bonds after Friday's mini-budget sparked turmoil on fina… [+4526 chars]
Read More
Other Stories in General
- Gold Road Resources (ELKMF) Agrees to Acquisition by Gold Fields
- Faraday Future's FX Brand Announces an Additional Significant Pre-Order for its FX Super One MPV, Adding 300 Units in Another B2B Agreement
- 3 House Democrats withdraw their names from cosponsorship of new Trump articles of impeachment
- Jalen Brunson's late 3-pointer dooms Pistons, Knicks advance
- Haeran Ryu cards 63, leads LPGA Black Desert Championship
- Jalen Brunson's late 3-pointer dooms Pistons, Knicks advance
- Sprouts Farmers Market (SFM) Reports Strong Q1 2025 Growth and Announces New Initiatives
- Sprouts Farmers Market (SFM) Reports Strong Q1 2025 Growth and Announces New Initiatives
- LSB Industries (LXU) Projects Increased Ammonia Output Amid Strong Pricing
