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The Independent UK
The Independent UK
National
Kate Devlin and Adam Forrest

Bank of England announces emergency action to try to calm markets

Bank of England
The Independent

The Bank of England has announced that it will intervene in an attempt to calm markets after they were spooked by last week’s mini-Budget by the Liz Truss government.

The central bank said it was launching an emergency programme to buy up government bonds in a bid to stave off a “material risk to UK financial stability”.

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