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Bank urged to slow UK bond sales to ease pressure on the Treasury
The Guardian
|September 15, 2025
Andrew Bailey has been urged by former Bank of England policymakers to ease pressure on the government's borrowing costs by cutting back its bond-selling plans.
In a crunch week for the economy, ex-members of the Bank's monetary policy committee (MPC) said a change in course was needed.
Britain's long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on the chancellor, Rachel Reeves, before her 26 November budget.
Threadneedle Street has blamed the rise on global factors. However, the Bank admitted last month that a £100bn programme of bond sales to unwind its crisis-era quantitative easing (QE) scheme is also playing a role.
Dit verhaal komt uit de September 15, 2025-editie van The Guardian.
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