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Evening Standard
Evening Standard
Politics
Anna Wise

Bank of England slows rate it sells off government bonds

Bank of England Bonds The Bank of England United Kingdom Interest Rates IPPR
The Bank of England is reducing the speed at which it sells government debt (Jordan Pettitt/PA) - (PA Wire)

The Bank of England has said it will reduce the speed at which it offloads government debt, weeks after a global sell-off triggered turmoil in the financial markets.

The Bank’s announcement came alongside its decision to keep UK interest rates at 4%.

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