Today news
About the same in other media
BoE’s Andrew Bailey is playing a high-stakes game over gilts support for pension funds
Reading now: 856
fnlondon.comNobody comes out of the pensions fund and gilt market debacle looking good. But it appears as if it could be Bank of England governor Andrew Bailey that takes the biggest hit to his reputation (apart from Liz Truss and Kwasi Kwarteng, of course). Bailey has made mistakes, but this loss of credibility may turn out to be unfair.
As far as the financial players are involved, the prime responsibility should rest with the pension funds, their advisers and asset managers.
Some...
Read more on fnlondon.comAbout this in other media
The markets have taken back control: so much for Truss’s Brexit delusion of sovereignty theguardian.com /2 years ago
Chancellor Kwarteng makes hasty retreat from IMF for crisis talks over planned tax cuts fnlondon.com /2 years ago
The cliff edge looms for the UK’s financial system theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
