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in Politics

Bank Of England Warns Of ‘Material Risk To UK Financial Stability”, But Government Insists Pensions Are Safe

by Editor October 11, 2022, 8:09 am 2k Views

Deputy Prime Minister Therese Coffey has insisted people’s pensions are safe despite the Bank of England stepping in to protect the gilts market (Alamy)

Alain Tolhurst

4 min read47 min

Deputy Prime Minister Therese Coffey has insisted people’s pensions are safe despite the Bank of England warning this morning of a “material risk to UK financial stability”.

The Bank has announced it will further bolster its emergency bond-buying…

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