Category: Quantitative easing

Bank of England completes sale of £19bn emergency bond purchases after mini-budget

BoE was forced to intervene in markets to prevent run on pension fundsThe Bank of England has finished unwinding the emergency bond-buying scheme it launched to calm the turmoil in financial markets that followed Liz...

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Britons set for a post-Covid spending binge, says Bank chief

Bank of England governor Andrew Bailey says economy should make a strong recovery from the pandemicThe Bank of England is braced for the possibility that a mood of national depression that engulfed Britain as it plunged into a...

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UK banks given six months to prepare for negative interest rates

Bank of England’s monetary policy committee votes to keep rate at 0.1% but gives sector six-month deadlineThe Bank of England took a step closer to introducing negative interest rates for the first time on Thursday, after...

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