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Evening Standard

Business

Anna Wise

Bank of England boss defends Government bond-selling policy against critics

Andrew Bailey Bank of England Nigel Farage

The boss of the Bank of England has defended its government bond-selling programme (Kirsty Wigglesworth/PA) - (PA Wire)

The boss of the Bank of England has defended its Government bond-selling programme amid criticism that it is costly to taxpayers, including from Reform UK leader Nigel Farage.

Andrew Bailey said the process of offloading debt was giving the Bank capacity to defend against future economic shocks.

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