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City of London

UK’s Bruised Markets Need More Than BOE Support to Snap Back

  • BOE’s gilt intervention helped calm panic engulfing UK assets
  • Truss’s firm defense of fiscal policies leaves market on edge
Bloomberg business news
UK Faces ‘Deep, Long’ Recession: Deutsche Bank Economist

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Having settled into an uneasy calm after the Bank of England action staunched a record government bond selloff, UK markets risk a return of the turmoil.