Pound volatile after Bank of England says pensions help must end
The Bank of England says bond-buying help will end on Friday, but a report suggests it could be extended. …
“It’s not a fantastically good thing for pension funds to be furiously selling assets over a two-week period, so it’s perfectly possible, although a lot has been done, that more help will be needed from the Bank on Friday,” he told BBC Radio 4’s The World Tonight, adding: “We are in uncharted territory”.
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