THE pound fell again overnight after the Bank of England governor warned its emergency support package for the markets would end on Friday.
Earlier, the Bank intervened for the second time in as many days to prevent “fire sales” of pension fund assets, amid the continuing market turmoil in the wake of Chancellor Kwasi Kwarteng’s mini-budget.
But speaking later in Washington on Tuesday evening, governor Andrew Bailey warned there could be no further extension beyond the end of the week.