U.K.'s Osborne Tells BOE to Be Vigilant for Stability Risks

  • Says buy-to-let tools will help BOE to rein in housing threats
  • BOE is forecast to leave its key rate at 0.5% Thursday

George Osborne Lowers U.K. Growth Outlook

Chancellor of the Exchequer George Osborne asked the Bank of England’s financial stability officials to keep an even closer eye on the risks to Britain’s economy as he blamed global turbulence for denting the outlook.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.