• UK central bank intervenes in market to halt economic crisis

    2 monthes ago - By Stl Today

    The Bank of England has taken emergency action to stabilize U.K. financial markets and head off a crisis in the broader economy. The move Wednesday comes after the government spooked investors with a program of unfunded tax cuts, sending the...
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  • Yuan falls to lowest level against dollar since 2008 as foreign currencies continue their sickening lurch

    Yuan falls to lowest level against dollar since 2008 as foreign currencies continue their sickening lurch

    2 monthes ago - By Fortune

    The Bank of England plans a temporary bond-buying program to stave off “material risk to U.K. financial stability" as the pound's bad week continues.
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  • Bank of England moves to stabilize U.K. finances after pound crashes

    2 monthes ago - By Washington Post

    Prime Minister Liz Truss, who is just three weeks into the job, is trying to change the British economy with bold - some would say risky - actions that have spooked investors.
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