Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Simon English

Bank of England doubles down on bond deals as Chancellor Kwasi Kwarteng heads to IMF

The Bank of England said that it has spent a fraction of the £65 billion gilt-buying programme launched last week (John Walton/ PA)

(Picture: PA Wire)

THE Bank of England doubled down on its emergency bond buying scheme today, saying it would purchase up to £10 billion a day.

That’s up from £5 billion previously and comes as the scheme enters its final week.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.