Where finance and media intersect with reality


BoE considers HMT indemnity for losses ‘binding’ (POLITICO)


By Izabella Kaminska · Nov 21, 2023 LONDON ― The Bank of England would likely treat any failure by the U.K. Treasury to transfer funds to cover losses related to quantitative easing as a breach of the indemnity it was issued by government in 2009, policymakers were told on Tuesday. The guarantee, that was theoretically […]

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