Sky News
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Bank of England takes emergency action to calm markets
Posted
September 28, 2022
Views
433,047
Likes
2,330
Comments
1,588
Engagement
0.90%
September 28, 2022
433,047
2,330
1,588
0.90%
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6:33Now PlayingThe Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent "material risk" to UK financial stability.
It will buy as many long-dated government bonds as needed between now and October 14th in the wake of the mayhem that followed the government's mini-budget.
#costofliving #crisis #government
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