Government departments to be told to 'identify spending efficiencies', Whitehall source says, as pressure mounts over economic impact of mini-budget
Today’s Bank of England intervention was driven by the potential for chaos in a corner of the financial services industry that underpins pensions funds.
The speed and the scale of the collapse in the value of government bonds, known as gilts, which are required to be held because they are ordinarily so stable, put pressure on liability-driven investment funds.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bank of England hints at 'significant' response to mini-budgetThe Bank of England has indicated it is preparing a ‘significant monetary policy response’ to Kwasi Kwarteng’s mini-budget.
Weiterlesen »
Bank of England economist hints at 'significant' rate riseThe central bank's chief economist signalled in a speech it could not be 'indifferent' over the pound's slump.
Weiterlesen »
Treacherous path ahead for Bank of England and markets\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Weiterlesen »
Kwasi Kwarteng 'confident' after mini-budget as Bank of England Chief warns of ‘significant’ responseChancellor Kwasi Kwarteng has said he's 'confident' his economic strategy will work, as the Bank of England's Chief Economist warns of a 'significant’ response to the newly announced tax cuts.
Weiterlesen »
Bank of England economist hints at 'significant' rate riseThe Bank of England has hinted it is prepared to ramp up interest rates in response to the recent slump in the value of the pound.
Weiterlesen »