BOE Scraps Long-End Gilt Sales in Plan to Unwind QE by 2034

Bank of England sets out long-term plan to unwind QE, halts long-dated ...

Bank of England holds interest rates at 3.75% but warns war could force future rises

Central bank announces surprise plan to sell billions of pounds in government bonds back to the Treasury * Burnham has to sell Bank rate rises as ‘breathing space’ – good luck with that * Business live – latest updates The Bank of England has kept interest rates on hold as it warned a continuation of…

Bank of England scraps long-end gilt sales in major QE unwind overhaul

The BoE's shift to shorter gilt sales may stabilize long-term bond markets, benefiting pension funds while potentially raising short-term yields.

Bank of England gilt policy still costing taxpayers billions, IPPR warns

Responding to the latest MPC decision, William Ellis, senior economist at IPPR, said:"The Bank of England rightly stopped sales of long-dated gilts today. This is welcome and overdue. But unlike the US and Europe, the Bank hasn’t completely stopped active sales, and the way the Bank of England operates in the gilt market still costs taxpayers billions each year. The government needs to explore options to plug this gap, bringing us in-line with i…

Reaction as Bank of England holds interest rates at 3.75%

The Bank of England has held interest rates at 3.75% today (17 September) despite inflation rising to 3.1% in August. Six members of the Bank's Monetary Policy Committee (MPC) voted in favour of the hold, with the other three members recommending a 0.25% increase to…