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Bank of England to buy UK bonds to avert financial risk
The Bank of England said Wednesday that it will launch a temporary government bond-buying program to stave off “material risk to U.K. financial stability” after unfunded government tax cuts spooked markets and sent the British pound tumbling.

Bank of England to buy UK bonds to avert financial risk

The Bank of England said Wednesday that it will launch a temporary government bond-buying program to stave off “material risk to U.K. financial stability” after unfunded government tax cuts spooked markets and sent the British pound tumbling.