Bank steps up emergency scheme launched after Kwasi Kwarteng’s mini-budget created market turmoil The Bank of England will double the value of the UK government bonds it can buy each day under the emergency scheme it launched to calm markets after Kwasi Kwarteng’s mini-budget.Threadneedle Street was forced to intervene late last month amid a dramatic sell-off for long-dated government debt after the chancellor announced more than £40bn of unfunded tax giveaways directed at middle and high earners. Continue reading…
Latest News
- Thune remembers Graham as ‘towering figure’ at Capitol ceremony
- Netanyahu hopes for cooler reception at White House, but staying away from NYC
- EU enforces new AI Act requiring deepfakes to be clearly marked as fake
- Premier Ford billed taxpayers for Florida trip to union conference at Disney
- Stevens and El-Sayed clash in final Michigan Senate Democratic debate over spending and personal attacks
- Family of British woman Sonia Exelby pays tribute following her death in Florida
- Italian students apologise to Thailand for disrespectful behaviour on train
- US defence secretary confirms Washington’s stance on Europe’s response to Iran
© 2026 WTX News.