BoE seeks to stem bond market turmoil

By Andy Bruce and David Milliken
Updated September 28 2022 - 9:53pm, first published 9:48pm
Chancellor of the Exchequer Kwasi Kwarteng faces demands to scrap his economic plan. (AP PHOTO)

The Bank of England has sought to quell a fire-storm in the British bond market, saying it will buy as much government debt as needed to restore financial stability after chaos triggered by the new government's fiscal policy.

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