UK market mayhem sparks 'unprecedented' bond buying from Bank of England

The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The 'unprecedented' support comes amid mounting criticism of the government's plan to slash taxes, in an effort to stem inflation. Also in the show - Beata Javorcik, Chief Economist of the European Bank for Reconstruction and Development, tells France 24 "the longer the sanctions continue, the greater the bite they will have" on the Russian economy. 

Sep 28, 2022 - 23:08
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UK market mayhem sparks 'unprecedented' bond buying from Bank of England
The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The 'unprecedented' support comes amid mounting criticism of the government's plan to slash taxes, in an effort to stem inflation. Also in the show - Beata Javorcik, Chief Economist of the European Bank for Reconstruction and Development, tells France 24 "the longer the sanctions continue, the greater the bite they will have" on the Russian economy. 
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