Author: News Desk

  Nicola Sturgeon has started a two-day hearing on whether the Scottish Parliament has the power to call a second Scottish independence referendum without the approval of the British Government. ​Nicola Sturgeon has started a two-day hearing on whether the Scottish Parliament has the power to call a second Scottish independence referendum without the approval of the British Government. 

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Bank of England warns of ‘material risk’ to UK financial security The Metro says The Bank of England has said it will further bolster its emergency bond-buying plan. It warned an ongoing rout in the gilts market poses a ‘material risk to UK financial stability’. The central bank said it will widen the scope of its action launched in the wake of the mini-budget market turmoil. It will now include purchases of index-linked UK government bonds amid concerns over another ‘fire sale’ of gilts. It comes after the sell-off in government bonds – also known as gilts – resumed yesterday…

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Bank of England forced to step in AGAIN & buy Govt bonds to steady markets The Sun says THE Bank of England has stepped in once again to steady markets by buying inflation-linked UK government bonds. The BoE said the ongoing instability in the bonds market poses a “material risk to UK financial instability”. As part of an emergency move to calm markets, the BoE will widen the scope of its government bond purchase programme to include index-linked bonds. It will buy up to £5billion of index-linked bonds and £5billion of conventional bonds per day, starting today, Tuesday, October 11,…

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  The French government stands ready to intervene to break the deadlock in the weeks-long refinery strike that have left a third of the country’s fuel stations running short, government ministers said on Tuesday. ​The French government stands ready to intervene to break the deadlock in the weeks-long refinery strike that have left a third of the country’s fuel stations running short, government ministers said on Tuesday. 

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