Who Is Jeremy Hunt, New U.K. Chancellor?
His selection for the post appeared intended to restore calm to financial markets.
Posted inBank of England Banking and Financial Institutions Credit and Debt Economic Conditions and Trends Georgieva, Kristalina Ivanova Government Bonds Great Britain Inflation (Economics) International Monetary Fund Truss, Elizabeth (1975- )
Andrew Bailey Battles Inflation Amid Britain’s Financial Storm
Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.
Posted inBank of England Budgets and Budgeting Conservative Party (Great Britain) Economic Conditions and Trends Government Bonds Great Britain House of Commons (Great Britain) Kwarteng, Kwasi Politics and Government Truss, Elizabeth (1975- )
Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans
Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.
Posted inBank of England Banking and Financial Institutions Economic Conditions and Trends Government Bonds Great Britain Pensions and Retirement Plans Politics and Government Stocks and Bonds Truss, Elizabeth (1975- )
Turmoil Returns to the U.K. Bond Market
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous.