Latest updates: Deputy PM says she is not going to get into hypotheticals when challenged over potential spending cuts
The IFS report is not the only fresh blow to the credibility of the mini-budget around this morning. As my colleague Richard Partington reports, the Bank of England has stepped in with another emergency intervention in the markets in an attempt to stave off a “fire sale” of UK government bonds by pension funds.
My colleague Graeme Wearden has further coverage on his business live blog.
Continue reading…Latest updates: Deputy PM says she is not going to get into hypotheticals when challenged over potential spending cutsThe IFS report is not the only fresh blow to the credibility of the mini-budget around this morning. As my colleague Richard Partington reports, the Bank of England has stepped in with another emergency intervention in the markets in an attempt to stave off a “fire sale” of UK government bonds by pension funds.My colleague Graeme Wearden has further coverage on his business live blog. Continue reading…