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Bank of England urged to slow or halt bond-selling to slash UK borrowing costs

Photo: The Guardian World

What happened

Economists urge John Healey to press Bank to change policy that is costing the exchequer billions of pounds Economists have urged the chancellor, John Healey, to press the Bank of England to slow down its bond-selling programme that has already cost the exchequer billions of pounds. The Bank’s monetary policy committee (MPC) meets this week to not only decide the level of interest rates but also whether they should…

Summary assembled by rule from the sources below

Sources