Refinitiv Newscasts - UK Day Ahead: UK pension schemes are racing to raise hundreds of billions of pounds
12/10/2022 15:31
Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_5pvzf9yz&referenceId=1_5pvzf9yz&pageId=RefinitivNewscasts Source: Reuters Description: The Bank of England Governor Andrew Bailey told pension funds they had three days to fix liquidity problems before the bank ends emergency bond-buying. The Bank re-iterated that its programme of temporary gilt purchases will end on October 14th. Britain's new government said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it sought to stand firm in the face of yet more turmoil in financial markets. NATO Secretary-General Jens Stoltenberg says he welcomes the decisions by NATO allies to provide air defence systems to Ukraine. Short Link: https://refini.tv/3yBR0Z3 Video Transcript: Verified transcript not available