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UK: Bank of England to buy Government bonds

Farrell & Farrell

The BOE has today announced that it will step in and buy Government bonds to help “restore orderly market conditions”. The pound has fallen in value in recent days in response to the tax cuts announced in the Mini Budget last week.


 
 
 

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Farrell & Farrell CA Limited (trading as Farrell & Farrell) is registered in NI with registration number NI 639336. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry on audit work and regulated for a range of investment business activities by Chartered Accountants Ireland (CAI). Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 3044856.

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