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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

UK investors brace for another week of market turbulence

United Kingdom Bank of England Jeremy Hunt Sarah Coles
An employee walks over a mosaic depicting pound sterling symbols on the floor of the front hall of the Bank of England in London
The Bank of England also spent last week declaring its readiness to raise interest rates significantly. Photograph: Luke MacGregor/Reuters

City investors are bracing for a week of renewed choppy trading in UK financial markets as Liz Truss’s government attempts to regain control and the Bank of England steps back from its emergency intervention.

Before markets reopen for the first time since the Bank halted its multibillion-pound support programme on Friday, analysts said renewed turbulence on Monday despite Kwasi Kwarteng’s sacking as chancellor could not be ruled out.

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