Bank of England’s £100bn bond boost ‘is risk to savers’



The Bank of England will pump an extra £100billion into the economy to support business in the virus crisis. It is keeping the base lending rate at the historic low of 0.1 percent for another month. But concerns were raised that cash injection created by the Bank buying bonds could undermine the value of savings and pension funds.
Bank of England’s £100bn bond boost ‘is risk to savers’ Bank of England’s £100bn bond boost ‘is risk to savers’ Reviewed by Unknown on 19 June Rating: 5

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