John Redwood warned that the Bank of England’s bond sales are adding to taxpayer costs by locking in losses on gilts in a weak market. He questioned why the Treasury backs the strategy if it risks even higher UK borrowing rates.
published
John Redwood warned that the Bank of England’s bond sales are adding to taxpayer costs by locking in losses on gilts in a weak market. He questioned why the Treasury backs the strategy if it risks even higher UK borrowing rates.
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