Bank of England warns of ‘material risk’ to UK financial stability as it steps in to prop up gilt market
Published
Emergency action follows sell-off in UK government bonds
Full ArticlePublished
Emergency action follows sell-off in UK government bonds
Full ArticleThe bank said: 'Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability'
The Bank of England has launched an emergency UK Government bond-buying programme to prevent borrowing costs from spiralling out of..