Today news
About the same in other media
Fund managers urge BoE action as potential rates announcement imminent
Reading now: 317
Fund managers are concerned about the high level of borrowing needed to fund the UK government’s multi-billion pound tax cut package, and predict the Bank of England could intervene with a sharp interest rate hike in an attempt to stave off further drops in sterling.
The pound sank to a record low against the dollar on 26 September, slipping below $1.03 at one point during early trading and dragging the currency to its lowest-ever recorded level.
The...
Read more on fnlondon.comAbout this in other media
Don’t let ‘warm banks’ become as vital as food banks, Scottish charities urge theguardian.com /2 years ago
Columbia Threadneedle freezes UK property fund as cash balance dwindles fnlondon.com /2 years ago
Bank of England doubles bond-buying limit amid pension fund fears theguardian.com /2 years ago
Show more
The website fvbb.com 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.
