The Bank of England will increase the daily limit on its emergency bond-buying programme during its final week.
The Bank of England has announced new measures aimed at ensuring an "orderly end" to its emergency bond buying scheme, which it brought in when some pension funds were at risk of collapse.
He also said the Bank's package of measures aimed to show the pension funds that "we've got your back". Certain types of funds in the pension industry, which invest in bonds, were forced to start selling, sparking fears of a fresh market downturn.When the Bank stepped in last month, it said its decision to buy government bonds was driven by concern over "a material risk to UK financial stability."
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